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

To: Rarebird who wrote (57690)	8/30/2000 9:36:45 AM
From: John Paquet	Read Replies (2) \| Respond to of 116753

Hey! Rarebird!!!!! My observations on the market are quite different from yours, Rarebird. I guess every one should load up aggressively on gold, silver, and gold stocks as these sectors are pretty low right now. XAU is testing that 50 and will gain support, it will form a gorgeous " DOUBLE BOTTOM" pattern Long therm int rates has bottom out from that 4.75% to that %6.75 high, right now at near %5.75. This is just a textbook 50% retracement or Fabanaci retracement. We are entering a long term "INFLATION" BUSINESS CYCLE. Shorterm int rates also bottom out we are heading new hi. Both long term and shor term int rates are heading higher. This clearly indicating we are already in that "INFLATION" cycle. Dow will be heading that 6,000 and Nasdaq qill be 2,000. Gold this $272 will gain strong support. Your saying that Dow or Nasdaq will hit new hi which I suspect that it will. We shall see the the outcome. John Paquet