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

To: SliderOnTheBlack who wrote (62493)	1/5/2001 3:27:16 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 116760

Slide: Gold does indeed have huge upside potential. But whether or not that upside will ever be realized is a crap shoot in my judgement. My most basic critereon in analyzing the technical health of ANY market is response to news. To put it plainly a market that cannot (for whatever reason) respond to good news is destined to go lower. And I have never seen a market that has refused to respond to good news for as long as gold. GATA'a argument that NOTHING will move the gold price in a big way until and unless the manipulators lose control looks to be the correct one. An investment in gold or gold stocks is a bet that the "boys" will someday lose control. Nothing more and nothing less.

To: SliderOnTheBlack who wrote (62493)	1/6/2001 9:14:00 AM
From: Phil Fulton	Read Replies (1) \| Respond to of 116760

Slider, I'm reposting an article I sent you about three weeks ago - still very appropriate. Message 15033562 Note the passage about half way down that the futures market is pricing a 50 basis rate cut by April. Well they got it, just about 4 months early. Did you see Abbey on Wall Street Week with Louis R. last night? We are still the supertanker, just slowing down a little. She liked corporate bonds going forward, thought that the treasuries have had a nice run. Your thoughts and opinions on this and others, especially gold, very much welcomed and appreciated.