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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Tom Byron who wrote (9233)4/23/2000 2:18:00 PM
From: Ahda  Read Replies (1) | Respond to of 82165
 
All of you here on the Thread Happy Easter - Passover. I wish you wonderful Happy Day and give my thanks to all of YOU.



To: Tom Byron who wrote (9233)4/23/2000 2:55:00 PM
From: goldsheet  Read Replies (1) | Respond to of 82165
 
> the bear ended 6/10/99 TIMEWISE for the gold sector

I'm waiting for it to end PRICEWISE

After the September 99 bear market rally and even weaker January rise (a lower high),
we are back to where we were and many stocks are in even worse shape.
XAU Index is lower than it was in June 1999, even though gold is higher - yuck !

goldsheet.simplenet.com



To: Tom Byron who wrote (9233)4/23/2000 4:40:00 PM
From: Zardoz  Read Replies (1) | Respond to of 82165
 
everything is in the eyes of the beholder...:)

No, everything is in market conditions. Once again you mentioned NEWMONT as an escape clause out of a decreasing XAU and an unstable gold price. Why do you think NEM is seemingly performing better then the rest {PE: 160}? And if technology stocks with growth rates of 120 are over valued, what does that say about a gold stock in a decreasing {best case neutral} gold price. Consider DELL is only a PE of 80. Maybe it's because NEM is NOT a pure gold play, and is much more related to SILVER then gold? In deed, maybe someone should pull the gold and silver relationship out of the XAU indices components and determine them as separate plays.

Fear not, I won't tell people this:the bear ended 6/10/99 TIMEWISE for the gold sector. Why? Because it hasn't ended TIMEWISE, nor PRICEWISE nor CORRELATIONWISE, nor VALUATIONWISE or any of the other things you wish to include. There is no reason for a GOLD bull market. Supply is likely to increase {ABX words} and demand, well I haven't seen any increases in that.

Hutch
GOLD: Still in the cave.