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

To: Crimson Ghost who wrote (60183)10/25/2000 4:00:54 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116782
 
George, I don't expect just a one day capitulation and reversal. I think that after all the years of decline the capitulation will take days if not weeks to complete. Maybe even see gold at less than $200/oz?



To: Crimson Ghost who wrote (60183)10/25/2000 10:11:10 PM
From: long-gone  Read Replies (1) | Respond to of 116782
 
Has anyone thought there might have been a relationship between Nortel crash POG drop and fact Nortel is Canada based?



To: Crimson Ghost who wrote (60183)10/26/2000 10:18:55 AM
From: Ken Benes  Read Replies (1) | Respond to of 116782
 
The bottom will not be in until you see nem and abx trading below 12 and possibly as low as 10. Further pressure will come from tax loss selling from individual investors. Purchases of the senior producers will be overwhelmed by offers from investors with substantial losses who are disenchanted with gold and particular the activities of the producers.

Ken


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