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

To: PaulM who wrote (57349)	8/16/2000 8:55:56 PM
From: d:oug	Respond to of 116927

Well keeping it simple: Bad Money causes Good Money to go into Hiding. I read that at the Le Metropole Cafe, and I think once the bad money starts to decay and smell bad that it will be put into the garbage and the good money will be located in the dark corners hiding and asked to return until the next cycle when the goods times allow the bad to return. Sure would be nice if this cycle would also be happening between the good and bad folks in the governments of all nations. Seems to happen just a little sometimes, but mostly the bad people are driven out and replaced with either lessor bad people or badder people. Also from the LeMetropole Cafe was a mention of an GATA supporter, as follows. Note: ==== I am not associated with this for profit web site nor do I have any knowledge or contact with the man mentioned that runs it. My only reason to cut and paste from it is that it seems to me to contain the type of things talked about on this and the SI Dutch gold thread when posters here discuss making money in the gold market through investments in gold producing companies using tools such as the 9 Handed Wave ByeBye. [start] "One GATA supporter and gold futures trading hot hand, David Marantette of GOLD@GOLDSTOCK.COM, has already given a ***** trading signal to his followers." [end] Anyone on this GPM thread know of this man and if his For Sale stuff worthwhile? I obtained on his web site the following which he uses to promote his services, and can anyone here comment if what is written there accurate? MEET DAVID MARANTETTE "I've known David for over 20 years, and have come to rely upon his expert analysis of financial markets. He is highly accurate in his forecasts, very consistent and loyal to his indicators, and ties in his work with key important technical studies.... He is one of the few market timing analysts I truly enjoy reading". --Raymond Merriman, Editor, MMA Cycles Report I get a chuckle when I hear traders discuss whether the latest stock market correction represents a bear market or not. You see, a lot of traders are too young to remember that devastating bear market of 1973-74. I was a successful stock broker at the time. And it really was a bear market. This wasn't a crash that recovered in a few days. Indeed, those that remember 1973 and 1974 recall an extended drift downward in the market day by day, week by week, month by month; for almost two years! It was a dark, demoralizing time for most of those invested in the market. But I earned my clients more than 50% during that time. Some gains were more than 200%, just by knowing the right stocks to be in when most stocks were going down. You see, just as the bear market was getting underway, I'd developed a new theory based on market cycles. The other analysts in the firm tried to discourage me. The conventional wisdom? "Cycles don't work" How wrong they were! As my research continued, I found that precious metals stocks, as well as gold and silver futures behaved in particularly predictable cycles. That's why I started the Goldstock Letter and the Goldstock Trading Portfolio And today, we've returned an average of 20.86% compounded per year in the Goldstock Trading Portfolio. In fact, if you'd followed..... turned $100,000 into almost $10.8 million. And remember, much of that time (19 years) gold prices were in a long-term bear market. I know claims like these can be suspicious. But my complete trading record is available for your review. There's nothing to hide..... I should note, however, that the Goldstock Trading Portfolio may not be for every investor or trader. After all, stellar gains like these carry some risk. About 40 percent of our trades lose money. But through a highly disciplined approach, we keep our losses small. ... Others grab the headlines, David grabs the money.” -Dennis Wheeler The Gold Stock Report THE GOLDSTOCK TRADING PORTFOLIO NOTE: The Goldstock Trading Portfolio does not include Options and Futures: For information on Options and Futures, click here. "Of all the precious metals newsletters--and I subscribe to all of them--nobody is one-fourth as accurate as the Goldstock Letter." -Marty Wolfson, New York, NY What is the difference between the Goldstock Letter and the Goldstock Trading Portfolio? The Goldstock Letter is a weekly newsletter..... Which stocks are currently being traded? In the Goldstock Trading Portfolio, funds are equally invested by equal dollar value among these 10 stocks: Agnico Eagle Anglo Gold Apex Silver ASA Ltd. Barrick Gold Buenaventura Freeport McMoran Copper & Gold Homestake Mining Newmont Mining Placer Dome How were these 10 stocks chosen? Since the Goldstock Trading Portfolio inception in 1974..... Are these liquid stocks? Yes, even though some are foreign-based companies, all..... Are you always in the market? No. We're long stocks about 26 weeks per year. Between trades, funds are invested in short term, interest earning accounts or daily interest earning money market funds. How are signals generated? The signals are based upon a proprietary form of cyclic analysis. Each stock is..... ... market top is identified, we issue a sell signal. How well can I do trading your recommendations? Our track record is impressive, but results will depend ..... ... hypothetical $100,000 account would have grown to more than $11.3 million over that 25 years. Note that, to a great extent, this impressive return was generated during a nearly unprecedented 19-year bear market in gold and gold stocks.