Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: ahhaha who wrote (885)	12/20/1998 1:40:00 AM
From: Zardoz	Read Replies (1) of 3558

"...but it does tell me that if there is a reason, like Japan printing money as they should have been doing 9 months ago, you'll see ABX take off. You couldn't see that looking at traditional TA or the chart." Wait, you say Japan printing money is going to cause ABX to take off? Why? You give a lot of importance on the analysis of TICK data, and yet you just mentioned an economical trend. So you are suggesting a baseline economics and a daily tick combo, which is in essence daily TA of trends. But yet you then profound traditional TA as uninformative. Funny how you and I can look at the same data from various sources, and see underline different directions for GOLD, and thus Gold stocks. I feel you lack GROWTH of the economy in your data. For if we are in a deflation state, and we increase M2 rate, we do achieve an era of substantial growth with limited {yet unseen} CPI. So in essence you've made no reason for owning gold, or gold stocks at this time. Nor have you even made a case for Gold to stay above $290. #reply-6850549 & #reply-6859044

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