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

To: russwinter who wrote (63236)	2/2/2001 6:43:52 PM
From: Square_Dealings	Respond to of 116753

russ I had a chance to talk to George Slezak (Commitments of Traders) today, and he is still bullish on gold and other commodities. I asked him how the dollar could be up today and he speculated that since the Fed is doing a huge treasury auction early next week, they may have intervened in the currency market to stabilize the dollar ahead of the sale. Dollar should start to drop soon enough imo. Otherwise the laws of economics will be thrown out the window. Print more dollars and the value goes down. the stock GOLD looks really strong fwiw. M.

To: russwinter who wrote (63236)	2/2/2001 6:55:43 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 116753

To get a strong and sustained move in gold we need more than a short squeeze. Those are good for brief bounces only; we need serious money taking long positions for a real bull market.

To: russwinter who wrote (63236)	2/2/2001 10:29:33 PM
From: Bruce Robbins	Read Replies (1) \| Respond to of 116753

Glad to see the gold market is aligning itself but FWIW I think we have a little way to go before a major move. The stock market is up too high and people still have hope in the economy. I'm looking for the move to come in late spring or early fall. I hope it is sooner. Greenspan is certainly accelerating the fire with his panic moves <g>. Not going to be a soft landing. When gold does move for real, it won't be 1 to 2 dollar days- more like 10 to 20 dollar days.