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Gold/Mining/Energy : PHILADELPHIA GOLD AND SILVER INDEX: XAU
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To: Kenith Lee who wrote (16)1/10/1997 9:36:00 AM
From: Dan P   of 28
 
Kenith and friends on this forum:

while we have been bemoaning the precipitous drop in gold bullion,
quietly, there have appeared some silver linings.

1) copper is in a strong uptrend (for at least 2-3 weeks)

2) palladium has broken out! It is one of the leading metals
and often starts up prior to the other precious metals.

3) If you look at a chart, the recent drop of gold and platinum
looks like a false spike down, pulling in the shorts, who
are now set up for a shor squeeze to the upside.

Regards

Dan
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