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To: re3 who wrote (33777)5/18/2000 9:09:00 PM
From: Efthymios H. Zacharias  Respond to of 42523
 
Ike,
I too believe that the time for gold and other real assets has arrived.

OTOH, the manipulation we currently witness in both stocks and the PoG is too strong to dismiss. It may be that TA may not play a role for some time.

Heinz mentioned and I agree that we could still get to see a washout that takes the XAU to new all time lows as more and more people give up.

I for one plan to stick by my belief that we are at the tail end of the bull market for financial (make believe) assets and the beginning of a serious move in real assets.

I'm not in gold on margin nor have I purchased futures so I can afford to be patient.