Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: keith massey who wrote (730)	10/7/1998 7:07:00 PM
From: the Chief	Read Replies (1) of 4467

hi keith.Gold was around $380 the last time ABX traded at these levels. Hard to believe. I don't believe that is an indication of overbought. Hypothesis! If "mericans" truly believe that there currency is going to fall against world currencies (which it will) and they are also going to go thru a period of slow growth, where will they go????? Gold! Contrarian Interesting thing Hutch had to say on the Gold Monitor thread!! If you were to price gold in yen, the price of Gold "dropped" today, if in fact this was a sustainable rally, then there would have been a rise in Japan as well???????????? To confusing for my small noggin!!! the Chief

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