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

To: Lucretius who wrote (47781)	2/2/2000 12:36:00 PM
From: Kailash	Read Replies (1) \| Respond to of 116759

LT - In your view, will the price of gold shares also crash at an initial market crash, so that theoretically the best time to buy would be the day after? We might call this "the morning after" model of gold investing... <gg> BTW, what's your view of the conspiracy theories? Greenspan acknowledged some central bankers act in the market in order to keep prices down. The main problem with conspiracy theories is that they require a large number of people to collaborate closely. Clandestine collaboration of a few Western central banks after 1995 doesn't seem entirely implausible -- the case made by goldensextant.com. Decades of secret and consistent collaboration seem much less likely. If this is what is going on, the financial world is playing high stakes and gold could explode to the upside. That doesn't rule out a rarebird scenario of course but I agree that the universal bearishness on gold suggests big money (conspiracy theory again) is loading up. Kailash

To: Lucretius who wrote (47781)	2/2/2000 12:37:00 PM
From: Enigma	Read Replies (1) \| Respond to of 116759

I see that Benes is back and full of beans - the kind that cause flatulence! I take it that his money is where his mouth is and that he's so sure of himself that he's shorted ABX at the opening today and will cover when it hits his target of $12? And that he sweats in hell along the way! Other than pressing the 'ignore' button this is the best I can do. d

To: Lucretius who wrote (47781)	2/2/2000 1:07:00 PM
From: Rarebird	Read Replies (2) \| Respond to of 116759

Contrarian Indicator? Look again. I call it the way I see it. I possess no Absolute stock market religious view, as you do. The XAU will probably hit new lows in conjunction with new multi year highs in the Dollar Index before the winter is out The dollar index is trading over 105 and in a blow off mode. Gold and the XAU are in serious trouble. This is a one day relief rally IMO. It will probably evaporate tomorrow. On the other hand, if your scenario comes true starting tomorrow, I would welcome it.