Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary H who wrote (50571)	3/20/2000 2:10:00 AM
From: goldsheet	Respond to of 116810

> Does anyone know what the estimate is of Russia's gold hold? Official holding is 414.5 tonnes (13.6 million ounces) gold.org

To: Gary H who wrote (50571)	3/20/2000 7:40:00 AM
From: Little Joe	Respond to of 116810

Gary: The TA on gold so far as I am concerned has worked well. I sometimes think the people who complain that it doesn't expect it to go up and if it doesn't say TA does not work in the market. The same claim has been made in regard to small cap stocks and my observation hs been that it does indeed work. As for the unfilled gap there are 2 possibilities. The gap doesn't fill, which would be extremely bullish or the gap does fill which would weaken but not necessarily invalidate the potential H&S formation. The formation that Bob pointed out is a long term formation and will take a while to develope. In the meantime the gap could fill. It is even possible that the right shoulder could be lower than the left shoulder and the formation as I said would be less powerful but not invalid. All the charts and TA say at this time is that we are in a congestion zone and the direction of gold is unresolved. Live long and prosper, Little joe