SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (59280)10/3/2000 11:10:51 AM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 116762
 
i was just about to post that, as a betting technical individual, i would buy all that i could right now, then i read Clinton's statements. Oh my goodness, he is actually receiving calls from Robert Rubin and his technical department. All the talk of manipulation and collusion are fact. i would bet on the phone records in a second. Gold is about to blast off and Bill shows up to talk it down. This is truly the most fascinating situation in the history of the financial world. A sharp gold rally at this point would bury the democrats. i wonder at this time how hard they are working to keep the S&P up. A failed rally into a Tuesday morn is the kiss of death. New yearly lows on the S&P would be technically perfect for a buy. The sound of the printing presses is getting more deafening. i believe we are about to see a credit explosion. Will they be able to hold back gold? Bonds and the dollar could get very very trashed here. imho we will know by next Tuesday at the very latest. AG must feel an incredible sense of responsibility to have stuck around for this.
The manipulations get more difficult by the day and very well may cause an absolute gold melt up.

Paul



To: Rarebird who wrote (59280)10/3/2000 11:53:06 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116762
 
Rare, <<You expecting them to sell?>> Yes, they will eventually need the money to buy food, heating fuel, or gasoline. Even John's calls expire. The same may occur for the gold companies they own, they may expire. <VBG> Until the hardcore bulls sell, gold will continue to wallow or go down. There would only be one other situation that would have me change my forecast. That being a remote chance that someone finds a significant new industrial use for gold that increases gold demand.