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


To: Ken Benes who wrote (42414)10/8/1999 12:14:00 AM
From: John Paquet  Respond to of 116900
 
Ken;

Excellent analysis of the Dollar, DXY,

Dxy is ready to go down from current level of 98.00 to 87.00

These couple days just a correction , tomorrow or soon bear DXY will return, and we shall see all your analysis pan out.

When Dollar DXY crash, it will carry that Treasury bond, which peneratred to that 112-16 this morning at 112-03 level and bearly bounced up t30 hit 6.20% you see, soon as you said 6.25%. I say 7% in the long end.

This also would carry Dow to 9,000 or 8,700.

Gold will be $417.50

Buy gold at this $317 is a winner. Soon gold will breakout that $339 and landed $350, and move forward and upward.

John Paquet