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


To: Rarebird who wrote (38562)8/7/1999 7:59:00 PM
From: Crimson Ghost  Respond to of 116768
 
Rare

Thanks for those Decision Point links! I agree 100% with Drakulich. Looks like a big bear on the way, although I am sure the "boys" will stage some impressive rallies to keep the suckers from selling too soon.

BTW, guess what group is leading the market, having made a new yearly high this week? None other than oil service. But OSX leadership is not what bull markets are made of.

Re: gold -- I expect a rally to around $280 sometime this fall. The shorts -- and these include many major financial institutions -- will leave no stone unturned to keep POG from rallying higher than the spring peak of $290. A higher high is the last thing they want to see.