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To: goldsheet who wrote (7319)8/21/1999 8:14:00 AM
From: Rarebird  Read Replies (2) | Respond to of 81101
 
The outrageous divergence we are seeing between Gold & the XAU is
very bullish for Gold. This usually happens at major turning points. I think we are at one those points right now.

Technically, I think it would be good for the XAU to consolidate some more and meander in the upper 60's. I want to see a real solid base for the next move up.




To: goldsheet who wrote (7319)8/21/1999 3:33:00 PM
From: Enigma  Read Replies (2) | Respond to of 81101
 
Bob - I think the point I'm making is that you're a gold bug too! You seem to think that a gold bug is someone who always thinks the price of gold is going up - but that is too narrow a definition - many are interested in gold for a variety of reasons, not the least of which is that gold is not a paper IOU, and is the largest reserve assets of the leading CBs.. There seems to be a certain smug satisfaction in your recent posts eg Sorry to disappoint you that I missed most of the losses over the last three years by not being a goldbug. Maybe you have a site on derivatives, internet stocks, golf on the moon, or is your focus on gold? A gold bug by any other name? d