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To: pater tenebrarum who wrote (57185)8/18/1999 10:39:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
copper should get pasted again if stocks melt. the falling dollar looks like it is already discounted into it.... next falling demand will have to be priced in.

Gold appears to be the only commodity not to have priced in a collapsing buck



To: pater tenebrarum who wrote (57185)8/18/1999 10:49:00 PM
From: Lucretius  Respond to of 86076
 
volume wasn't that heavy.... the XAU is tracing out the inverse of the SPX (H&S pattern).... the question for me is whether it crashes up before or after stocks tank.. and i have no idea.



To: pater tenebrarum who wrote (57185)8/19/1999
From: NickSE  Respond to of 86076
 
FWIW, if 66 on the XAU doesn't hold intraday, we could be seeing 50's real soon. =o[

Nick



To: pater tenebrarum who wrote (57185)8/19/1999 12:14:00 AM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
heinz:

note.....

tfc-charts.w2d.com

207.69.66.114

but i still think DBRSY LEADS them both and is discounting the coming dollar collapse

if the aussie and canadian dollars are projecting gold correctly as they typically lead it.... we're lookin at 1995 levels in the currencies and $400+ in gold