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


To: dean poets who wrote (42271)10/6/1999 1:28:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116763
 
RE:"The stock markets will be down 80 - 90%, and everybody will be buying
gold stocks! Then the top will be in place. A dead give away that we are
at the top will be when all the stunned internet infestor's are buying
GOLD!"...

This is fallacy. You only need to look back to 1987. The better scenario is for all the markets to go up in conjunction and for AG to be slightly behind the inflation curve. Otherwise, Gold stocks will follow the general market right down the gutter...
Remember, the total capitalization of gold stocks is not that big so just a relatively small shift of money into them will send them skyward.

Jim