To: patron_anejo_por_favor who wrote (30314 ) 5/1/2000 2:28:00 PM From: re3 Respond to of 42523
ha ha its this one : Gold to $1,500/0z (vronsky) May 01, 12:15 The more information, data and knowledge shared at the Gold Forum will enhance our investment insights and acumen. Further, it will help swell the ranks of goldbugs worldwide which will in the not too distant future overwhelm Gold Cabal forces. It is only a matter of concentrating or focusing our investment attention on gold...similar to how we did as kids focusing the sun's rays through a magnifying glass upon one small spot. Literally, it will burn a hole in the Cabal's defenses. Prior to 1975 only 1 investor in 1,000 possessed some form of gold in his portfolio - when gold languished about $150/oz. The savvy gold investors represented only 1/10th of one percent of the investment universe. Then in 1976 gold caught the imagination of the worldwide investing public. By January 1980, gold investors now numbered 50 per 1,000 - or 5% of all investors. Imagine, it only took 5% of the investment universe to fuel gold's advance 467% from $150/oz to $850/oz. And what do we have today? AGAIN, only 1 investor in every 1,000 demonstrates the investment acumen to have some form of gold in his/her portfolio (gold stocks, bullion, Futures, Call Options and/or coins). AGAIN, it's 1/10th of only one percent who are getting in on the very ground floor BEFORE GOLD BLASTS OFF INTO ORBIT. It is not a question of 'IF,' but rather WHEN One might ask what GOLD-EAGLE feels the bullion price potential might be. First, allow me to qualify our opinion - as all the following factors will most certainly play a vital role in fuelling gold's ascent into orbit. - Gold has been in a bear market for over 20 years. - In 1980 the Dow/Gold ratio was 1:1 - 850/850 - In 2000 the Dow/Gold ratio is 39:1 - 11700/275 - In 1980 the P/E ratio of stocks was about 12 times - In 2000 the P/E ratio of stocks is about 28 times - Japanese savings exceed US$12 Trillion - The NASDAQ has begun a Bear Market from P/E of 250:1 - Wall St's bellwhether Microsoft is down 42% in weeks - Washington Agreement of 15-ECBs on September 26, 1999 - More gold mining firms quitting gold forward sales - GoldAvenue (AngloGold, JPMorgan & Pamp) markets gold - 1999/2000 gold bullion sales at record levels - Turmoil in FarEast (China, Taiwan, Pakistan & India) - ALL INVESTMENTS ARE CYCLIC IN NATURE - IN 2000 WE HAVE THE INTERNET TO SPREAD THE WORD !!! In our considered opinion we believe the price of gold will top $1,500/oz in the next 24 months. HOWEVER, there is the distinct likelihood it could be far higher as investors worldwide climb on the bandwagon, and institutional investors cover their SHORTS. Everyone must recognize the immutable nature of investment cycles -- only periodicity and amplitude vary. GOLD will return to the limelight.