To: John Paquet who wrote (59718 ) 10/12/2000 11:53:14 PM From: John Paquet Read Replies (2) | Respond to of 116756 ""WARNING!!!! WARNING WARNING>>>> Bullish view on gold and XAU: 1. JUst look at ABX,PDG,HM,and NEM, with very significant volume traded today with more than 6-8% gains indicating XAU is very very bullish, when prices go up and volume significantly increase, lots aggressive buyings in the XAU market place. Also a GORGEOUS KEY REVERAL DAY OCCURED IN THE XAU MARKET WITH VERY SIGNIFICANTLY VOLUME. 2. Spot gold decisively breakout that $275,today, tomorrow breakout that $280 and move up to that $290 spot gold. 3. Short-covering or stop buying kicked in DEC gold, more stop buying and kick in tomorrow. 4. Twin hostile events in the MIDDLE EAST make this is very significatly disturbing events which will last for a long while after American's ally Israealli lost 2-3 soderiers, and Isreali's ally American lost at least 6 sailors, 11 still missing {Defense Dept or Secrretary of State still unable to unveil total death presumably 17 if counting all the missings.} 36 injuried. This is a big and crucial test for America's big gun policy. When US CIA or FBI found out who did the attack of USS Cole, Clinton claimed those whoattacked would hold these accountable {as Clinton declared today}. This kind tense, and fear make any one unease, especially in the market place. All out war looks imminent if Afarat of PLO sticks his gun or his position. As gold is a hedge again war possible as galloping inflation threat. This factor would enough move gold to that $325. 5. Unease and hightening tense in the Middle Ease crisis could rocket that oil price to $50 a barrel, this element is enough to cause superinflation or gallaping inflation. This scenario is imminent as Iraq maybe will like to paly a role in that Middle east crisis. For the first time, and long time, Dow and XAU are divergent in the price movement direction, inticating this threat is imminent. 6. In the finanical market Dow is testing that 10,000, and will fail looks forward Dow to 9,400 first support level. Nasdaq testing that 3,000 and will fail, will down to 2,500 or lower. OEX has brohen out major support of 720, testing 700 and will fail to down to 640. 7. Black October looks very imminent may be tomorrow FRIDAY, OCTOBER 13, 2000. What a market place as it happening of today, October 12, 2000, on the eve of Black October. Watch out folks!!!!!!!! JP