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

To: lorne who wrote (42289)	10/6/1999 5:23:00 PM
From: saul mikaliukas	Respond to of 116763

One Smart Old Lady Usually they don't buy at the beginnings of an historic bull market. It seems that many people and Gold "Analysts" are calling for a top because the gold price has rocketed up so quickly. They are going to be proven fools for advising their clients to get out at the very early stages of the gold bull market. One notable analyst comes to mind is Kaplan. I wonder what he is thinking now? This gold move is not unusual. We must keep in mind that what has been happening in the gold market over the past many years. The derivative is relatively new to the gold market and who can forecast the true gold price equilibrium when this market has been manipulated for so many years. If you consider what price gold would be at if there were no derivatives and gold leasing by central banks than you may just start to guess about what a realistic gold price may be today. My guess would be what Bill Murphy is saying..about $600.00/oz!