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

To: Tom Byron who wrote (6889)7/26/1999 11:48:00 AM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 81187
 
Tom,

Chart wise it is truly a 50-50 scenario. A breakdown followed by a return to the break point ending in sharply lower prices or a false break followed by sharply higher prices. The US buck may be giving us the biggest clue of all as to which way gold may go. To me the feds hands are tightly tied right now. They must stay loose or deal with a possible sliding global situation once again. This is why, even in the face of lower money supply figures, gold looks like the way to go for quite some while. If the fed is indicating that they are backing away from trying to control the situation, then gold be the choice once again. At this point, as each day passes, I like paper less and less.

Paul



To: Tom Byron who wrote (6889)7/26/1999 1:58:00 PM
From: sea_urchin  Read Replies (2) | Respond to of 81187
 
Guree : Don't forget, Mr XAU is blindfolded --- so he can't see the triangles.

But, in truth, the triangles exist only in the imagination of the drawer of the lines. And they have as much substance as the clouds in the sky! In fact, less.


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