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Gold/Mining/Energy : Cartaway resources

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To: John Paquet who wrote (1979)8/6/1998 7:06:00 PM
From: Zardoz  Read Replies (2) of 2505
 
Gold is going to do down, NO doubt about it. It'll start on Monday Aug 10 at the latest. It'll get to $265 +/- 5 {maybe lower to 250}, by Nov. And won't start to climb till after Nov.

The trend is set. The USD dollar is already increasing again in strength relative to ever other currency in the world. If you go to the Gold Monitor Thread, you'll find very few negative on GOLD. I've been right for over a 1.5 years. The rest are cheering the XAU, but fail to understand that it's breaking down. Write down the Aug 10 date. Watch it slowly move down after then, if not sooner. And near NOV, don't buy stocks, Buy stock options at/above the share price on ABX with a 3 month expiration. And wait for the USD to correct.
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