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

To: goldsheet who wrote (58466)	9/20/2000 12:45:46 PM
From: long-gone	Read Replies (1) \| Respond to of 116759

but au higher, what is the action telling us??

To: goldsheet who wrote (58466)	9/20/2000 1:11:27 PM
From: PAUL ROBERTSON	Read Replies (2) \| Respond to of 116759

a Elliott wave friend is convinced that we are going to take off from the $262 level next week. He is also hoping that the xau prints below the 48 level. With these points he will then be convinced that we are in a real bull market. He is bullish on silver from the $4.62 level. 3rd of 3rd of 3rd on that one coming if it prints $4.62. Jeil on Kitco sees an almost double on the gold stocks into early next year. Claims a 90%+ probability of this happening. He works with cycles. My delta work also shows a rise into early next year, from what ever bottom we get, if we get one. Then almost one year of bear. Fundamentally, as long as the greenback stays strong, i have trouble getting excited about anything. Global demand for dollars is probably incredible due to the rising oil price. What is your outlook these days?on gold that is....... First time in a while that the lease rates spike. Paul