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To: Scripts who wrote (7264)8/20/1999 2:47:00 AM
From: goldsheet  Read Replies (2) | Respond to of 81131
 
> Don't forget Selby on Kitco has been saying gold is going down to
> $250 since Oct 1996. Lots of complaints from the bugs there but at
> this point he is correct and has been for almost 3 years.

I can't make any great claims to predicting specific prices, but I sold out all of my big investment positions in February 1996, and have only made occassional speculative trades since then. I still like the XAU/AU ratio as a tool, which sure was overvalued in early 1996 - goldsheet.simplenet.com

As for the goldbugs, I'm sick of them. It is one of the main reasons that I pretty much stopped posting on the boards. One tries to present objective data, and you get long winded replies from fanatics. I would rather spend my time working on my site and trading.