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

To: goldsheet who wrote (48813)	2/11/2000 7:05:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116773

<<I have been speculating (not investing) in gold stocks for about 20 years, and I could not imagine doing buy-and-hold, especially over the last fours years>> But does that mean we have not at last seen the all time bottom?

To: goldsheet who wrote (48813)	2/11/2000 7:57:00 AM
From: Casaubon	Read Replies (3) \| Respond to of 116773

Bob, Thanks for all your number crunching! I don't use it but, it's fun to read. I no longer set price objectives in advance. I just try to let the market tell what it is doing. Price/volume/structure. Good Luck!

To: goldsheet who wrote (48813)	2/11/2000 8:56:00 AM
From: Enigma	Read Replies (1) \| Respond to of 116773

Bob: Actually it's easy to imagine people investing in gold who are not traders - even holding gold stocks and never selling them. So far as I know no one has been able to analyse the pattern - but for a long time people have held gold stocks as an insurance against financial mishaps. Some people maintain gold investments as 10-15% of their portfolio.They may soon be rewarded for their perseverance -but many of them will not sell. These are the real die hards.

To: goldsheet who wrote (48813)	2/11/2000 9:04:00 AM
From: Enigma	Read Replies (2) \| Respond to of 116773

Bob - "You will find my other post amusing, since I guessed an equilibrium price before reading your post. I picked $363.28 +/- $10, which falls completely inside your range !!" Art or science? - if the latter what are your criteria? After such a spell in the basement we may be lucky to find any kind of equilibrium for a while. And what is value? It used to be said that an ounce of gold should buy a man a suit - tailored I assume -by that token $363.28 (very exact!) doesn't quite fit, cut it, - whatever pun fits the bill? Depends on the tailor I guess?