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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (56465)7/19/2000 11:16:33 AM
From: Rarebird  Read Replies (1) | Respond to of 116845
 
Prechter has been so outrageously wrong in regard to the equity market in the 90's, I don't take what he says seriously.

I do think the Bear Case is finished for this Year. With the help of AG and those BLS Reports (I almost said BS), I see higher prices by the end of the Year. Next Year looks very promising for the Equity Bears. New Lows look easily achievable.



To: pater tenebrarum who wrote (56465)7/19/2000 2:34:20 PM
From: goldsheet  Read Replies (2) | Respond to of 116845
 
> in any case, the XAU seems to discount much lower gold prices already.

My 16year AU/XAU ratio average is 3.79,
which for an XAU Index of 54 indicates a gold price near $200

I'd really wish it was the othe way around,
a gold price of 280 indicating the XAU should be more like 74 !!



To: pater tenebrarum who wrote (56465)7/19/2000 7:16:12 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 116845
 
heinz, Re: August and gold

We need patience. I don't know why you are antsy since the printing presses have to go full steam ahead to keep the financial system afloat, and the more printing that goes on the higher gold will be in the end.

Joan