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To: pater tenebrarum who wrote (1321)	6/28/2000 8:48:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

i thini you misunderstand.... i do not think gold will see new lows and i don't think the XAU will see lower prices than in June. i jus don't htink we're goingt o get the crash-up that many appear to be expecting. its going to be a stop and start type move w/ a significant stop occuring as stocks and the dollar crash. the peak in gold should coincide w/ the dollar moving back to its mid june lows and the CRB spiking to 230. just my guess on the way things are shapin up....

To: pater tenebrarum who wrote (1321)	6/28/2000 9:25:00 PM
From: re3	Read Replies (1) \| Respond to of 436258

if i were to hazard a guess, kappie will have sold some abx (which he's up on) and not too long after repurchase some more of the s.african's that he has virtually none of. he once suggested franco was an interesting play, but buying canuck stocks was not in his arena... what's with everyone wanting controlling interest in nem ? i figure something a little more in our beer budget would be appropriate, like golden star might do the trick. PMTrader-Re. Kaplan--I agree and have said as much before (richard640) Jun 28, 21:27 He operates, stubbornly, under the naieve assumption that gold is an ordinary mkt. subject to traditional analysis--I, and I think many of us on the forum, want to be in gold, in all it's forms, ready for that impossible to handicap day when there is a loss of confidence in the financial system(paper assets). How silly, to deal in such standard analysis like noting a non-confirmation because of the XAU--I don't even bother to read him--One thing is sure--when the real rally comes, he'll take about $20 out of it and be fighting the tape all the way up tp $850 and beyond.