SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (39525)8/24/1999 4:45:00 PM
From: Zardoz  Read Replies (4) | Respond to of 116874
 
well, at least I got you to finally take a position.... so you are long the dollar and bonds and short the XAU right here, eh?

You know why I reply to you. Cause you are so lame. Every time you respond to me, you demonstrate that you are a full member in the greater fool theory. I said before that I wouldn't own the XAU stocks at this time {Aug 11/99}, and had I; I'd sell and/or short them. Since then the POG has fallen, noticeably. And the XAU stocks are slipping away. You profess that a day does not make a trend, and then come back as a 3.08% intraday trade. You don't get it do you. I'm only long three stocks, two are financials, one is a junior resources. I made more in the last two weeks on the financials then the XAU has in the last 2 years.

As far as contrary indicators go, I look back at your reply this morning.
You said: I am still long gold shares.
And the XAU ends up -3.12% on the day {just off the lows}. I think you owe all those here and elsewhere a big apology for destroying the Gold stocks. PLEASE don't say these words: "The gold stocks are the only investment in town". I don't think the XAU index can handle the sell off.

Hutch
PS: I'm now laughing AT you.
PS: I said I see the 30 Yr bonds going to 5.25-5.5% before March 2000
PS: Gold will hit a low in mid Oct, rise in NOV 99
PS: US Dollar is ready to rise. {should've started already}



To: Lucretius who wrote (39525)8/24/1999 9:44:00 PM
From: long-gone  Respond to of 116874
 
Welcome to the Federal Reserve Bank of Cleveland Economic Research Department's
Econpubs Announcement List
August 1999 Edition
Recent additions to our Web site include:

FRB CLEVELAND
Economic Trends
August 1999
ECONOMIC TRENDS
Index

The Economy in Perspective html | PDF 62k
Monetary Policy html | PDF 239k
Government in the Economy html | PDF 115k
Income and Production html | PDF 164k
Interest Rates html | PDF 140k
Inflation and Prices html | PDF 179k
Economic Activity html | PDF 197k
Labor Markets html | PDF 136k
Regional Conditions html | PDF 284k
Household Financial Conditions html | PDF 309k
International Developments html | PDF 289k

Complete publication in PDF 1,918k

Home
Economic Trends is published
by the
Research Department of the
Federal
Reserve Bank of Cleveland.

Views stated in Economic
Trends are
those of individuals in the
Research
Department and not necessarily
those of the Federal Reserve
Bank
of Cleveland or of the Board
of
Governors of the Federal
Reserve
System.

Materials may be reprinted
provided
that the source is credited.
Please
send copies of reprinted
materials to
the editor.

Anyone interested in receiving
this
publication on a regular basis
should contact the Corporate
Communications & Community
Affairs Department, Federal
Reserve
Bank of Cleveland, P.O. Box
6387,
Cleveland, Ohio 44101.

Call 1-800-543-3489 (OH, PA,
WV)
or 216-579-2001, then
immediately
key in 1-5-3 on your
touch-tone
phone to reach the publication
request option. You may also
fax
your order to 216-579-3050.

Editors: Michele Lachman
Deborah Zorska

ISSN 0748-2922

clev.frb.org