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Gold/Mining/Energy : JAB International (JABI)
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To: Ryan Weisman who wrote (2020)12/5/1997 6:00:00 PM
From: Dundee Maples  Read Replies (1) of 4571
 
That's are real tough question. I am posting the views that Aden gave at the gold show. I hope they help.

Mary ann Aden spoke at the gold show.

She sees the Dow at a major top, the dollar heading lower, gold turning. She present lots of excellant
charts and indicators to back up her assertions. I buy her story.

Under the 7500 level and holding would confirm the bear market. Once it does this , its next stop will be
5500 or lower.

Gold must hold support at 285. It needs to get above $320, but to become bullish it must get above
$345. The current down trend could end any day or continue for months.

Silver needs to stay above 4.83 and she sees it going to $7.00 and above. She is bullish on silver.

for gold shares the barron's gold index needs to get above 615 to be bullish.

The Us dollar has turned down ( Aug 6th top ) . It could go to 110 swiss francs.

Swiss franc is her choice in currencies then Dmark, the French Franc. Bearish on Canadian dollar.

She sees long term rates heading down and short term rates heading up. She is bullish on bonds for the
next several months. Longer term I don't think she is bullish. The bond needs to hold the 6.37 level.

REMEMBER I AM JUST TRYING TO BE THE REPORTER. This information is meant to help,
check on your own before you make any key decions - the reporter could have made a mistake etc.
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