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To: goldsheet who wrote (52327)5/4/2000 1:47:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116893
 
Bob, I can't understand how the rally got this far unless the XAU, as a leading economic indicator, is in the early stages of discounting something here.



To: goldsheet who wrote (52327)5/4/2000 3:55:00 PM
From: long-gone  Respond to of 116893
 
I'm in, not as big as I'd like, but I'm IN & loving it! btw Got silver?



To: goldsheet who wrote (52327)5/4/2000 4:39:00 PM
From: Jim McMannis  Respond to of 116893
 
RE:"I was in just a little - bought a little ABX near 16 in late April.
I really don't expect this rally to go anywhere."

Does anyone think it will go anywhere? Sign of a bottom if I've ever seen one. Then again, the XAU still may not go anywhere. <G>

Jim



To: goldsheet who wrote (52327)5/4/2000 9:31:00 PM
From: scotty  Respond to of 116893
 
Picture this......A large hedge fund or brokerage house announces that they are unable to meet certain financial obligations due to derivative related losses. Investors flock to the ultimate value investment, gold. There is a relatively small market cap in the miners, and a surge in demand for the shares pushes up the shares. Could be similar to the move in net stocks months ago....scotty


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