Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Claude Cormier who wrote (61286)	11/24/2000 3:29:54 PM
From: Rarebird	Read Replies (1) \| Respond to of 116756

<But it is still possible we get a final capitulation with gold retesting $252 and XAU below 40.> I think we've already had capitulation in the gold stocks and the XAU. As for the POG retesting $252, the new lows in the XAU serve as a perpetual storm cloud hanging over Gold. But that retest of $252 (or more likely, break to lower lows) could very well take a year or two to materialize during the next equity bull market. Actually, it would be quite bullish if Gold did break to new lows here while the XAU rose.