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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (6230)	1/22/2001 9:15:44 PM
From: J.T.	Respond to of 19219

michael, -thanks. Bush is laissez faire all the way don't read into what the new secretary treasury Paul O Neill says about wanting a strong dollar. It is lip service. The game keeping gold's price depressed by forward selling via the big houses is about over. Golds price today is similar to that of 1973 when gold was fixed at $35 an ounce and once they opened the floodgates it ran up to its natural market price before eventually spiking to $800 an ounce in Jan of 1980. Then the bubble burst. Today, I would say the natural price of gold is not at $270 an ounce but at least double todays price. -IE $550 + an ounce... The big boys - goldman sachs, jp morgan and the rest of these short arms are playing the game are about to experience the boomerang effect and it is gona backfire on em... Best Regards, J.T.