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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (3569)10/5/1998 10:53:00 PM
From: Zeev Hed  Read Replies (1) of 59879
 
TATRADER, I have to see the spot above $320 before I believe that the producers and central banks will no longer dump the stuff. Right now, I see too many C.B.'s just waiting to see $305 to dump and too many producers waiting (in vain?) for prices above $310. We are in a deflationary spiral, and unless the dollar loses its allure as a currency of last resort, gold will not easily replace it.

Zeev
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