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


To: re3 who wrote (43718)10/24/1999 2:31:00 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 116759
 
The last high was $410 and the latest low was $252 giving us a swing of $158. Now the rule of thumb says that this is
to be added
to the last high giving a possible high of $568.

There are many other factors involved here that will predicate where it will actually go to and some such as Veneroso
have
predicted a $600 POG, not very far off our $568.

What we will most probably see is a very rapid run up as the fallout from the massive, dare we see manipulation,
come to pass.
Many gold mining companies have been advised over the past years to hedge and how they have done it led them into
serious
trouble, both for the companies and the shareholders.

speculativestocks.com



To: re3 who wrote (43718)10/24/1999 2:48:00 PM
From: Ironyman  Read Replies (1) | Respond to of 116759
 
When people realize that there is no unleveraged physical gold left, then we will see the 1000.00 per ounce panic.
....This will happen, because we are already mining everything out there which is 3/4 of a gram per ton or better.
Irony Man