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To: long-gone who wrote (25450)10/6/2000 4:08:52 PM
From: LLCF  Respond to of 436258
 
<how about someone buying the XAU dip for a change?>

you're mad

dAK



To: long-gone who wrote (25450)10/6/2000 4:42:24 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
probably correct...to be more precise, the dollar needs to implode, especially vs. the Euro.

an interesting development is the huge rally gold has made in Ozzie dollars, as their currency collapses. the Oz miners have about 2000 tons sold forward...most of their hedge books must be deeply under water by now...i suspect one day during Sidney trading we'll see a 20 dollar jump in the PoG...as soon as one of them gets nervous. the others will follow in lemming like fashion.