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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (6883)	7/25/1999 7:00:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 82035

Zeev: As I said I have been out of gold for awhile and just recently got back in. I have been posting on the SI oil service thread for some months now. After my dismal experience with gold it was most delightful to have taken a big position in oil and oil service right near the bottom. But oil service stocks have soared and are, I think, due for a rest before the next big leg up. Still much upside in time because many of these stocks are still less than half their 1997 highs. Gold is tougher to call than anything else because of the tremendous manipulation going on. But with inflationary pressures picking up, bonds tanking, the CRB having bottomed, the dollar bull perhaps ending, and Asian markets having bounced nicely -- I see gold making a stab at $300 before the end of the year. But I am much less confident of this forecast than I was at the oil bottom a few months ago. My confidence level for my gold forecast is about 70% -- I was 99% sure I was right about oil at the trough..