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


To: PAUL ROBERTSON who wrote (58480)9/20/2000 1:18:28 PM
From: John Paquet  Respond to of 116759
 
When lease rates spike up it is normally anticipate high volality in the market so I expect Margin has to spike a notch.

These all indicate bullisg on the gold, or I should say gold bottoming out.

John Paquet

US dollar should not stay at the hi level as far as fiscal policy is concerned, oil price spike up recently is the major reason I beleive.



To: PAUL ROBERTSON who wrote (58480)9/20/2000 1:29:13 PM
From: goldsheet  Read Replies (1) | Respond to of 116759
 
> What is your outlook these days? on gold that is.......

Cool, calm, and relaxed .......
Stuck to my prediction gold/silver were going nowhere all summer and stayed out.
We are at a bottom, but that doesn't mean we are going to shoot up, sideways is always a possible direction.

I know what stocks to buy and the price I want to pay for them.
Last week I said I wanted some NEM under $18, but held off, giving me a better shot here near $17.

As for a new bull market, don't see it (yet), just hoping for another 20% bear market pop, since there is huge resistance at XAU 60.
It has worked for me before (have doubled my money in gold stocks in two years), so I will stick to it.
Unless, of course, the market decides to tell me something different.