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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (38389)8/5/1999 10:00:00 AM
From: Rarebird  Read Replies (2) | Respond to of 116764
 
I agree. But if S@P 1280 doesn't hold, we can get an additional quick drop of 5-10%. Little Bear market rally and then a continuation of the grinding process down.



To: long-gone who wrote (38389)8/5/1999 11:07:00 AM
From: Rarebird  Read Replies (2) | Respond to of 116764
 
Will Goldman Sachs be forced eventually to cover its short positions in Gold to support its own stock?



quicken.com





To: long-gone who wrote (38389)8/5/1999 11:30:00 AM
From: Ken Benes  Read Replies (1) | Respond to of 116764
 
The adrenaline is pumping, the markets are dropping, and their is excitment on this board as the doomsday scenario's rear their head. Yet gold is not responding. Who will win the battle? Goldman or the goldbugs. The cabal who are manipulating the gold price do not want gold to rise above 260, and the bugs view the 260 line as the threshold to nirvana. I am of the opinion that the producers will come thru in the pinch and inadvertently support the controllers. Time will tell, in the meantime enjoy the 257 euphoria.

Ken