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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Goldbug Guru who wrote (508)9/29/1999 10:38:00 PM
From: Wade  Read Replies (1) | Respond to of 48092
 
You are right, this is the most critical point. If dollar collapses in the next several days we will see big rally of gold. However, it the dollar gets enough support to reverse this trend we will see collapse of POG and rally of stock market. Judging from the recent development of the markets, the most likely case is the collapse of the stock market between Oct 5th and 22nd. The most likely case is around 8th, imho. There is still time for us to get ready for the big event. The POD is trading at 307 at Hong Kong. Take care.

Sincerely,
Wade



To: Goldbug Guru who wrote (508)9/30/1999 7:56:00 AM
From: Wade  Read Replies (1) | Respond to of 48092
 
marcos and guru,

POG is stalling( or consolidating) at around $300 at this point. However, U.S. Dollar dropped over one Yen over night. The dollar index must be below the support line from March. We will see if the situation can be reversed, otherwise we will see big drop of the stock market and hopefully a big rally of POG. Good luck to us.

Sincerely,
Wade