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


To: Rarebird who wrote (39673)8/27/1999 7:41:00 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 116815
 
Rarebird:

POG up a buck this morning. JGOL up 2.6%. Let's hope this is just the beginning.

What i am really looking for is a sign that the cabal has lost or is losing control of the gold market. I want to see the $2 rule -- gold cannot be allowed to rally more than $2 in one day -- decisively repudiated.

Another cabal tactic has been to invariably push gold down when news comes out that would normally be bullish for the yellow -- weak dollar, strong oil, strong CRB, etc. Until gold can rally in response to good news as every other sector does, there ain't gonna be a real gold bull.