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: Richard Mazzarella who wrote (63763)	2/15/2001 9:35:35 AM
From: long-gone	Read Replies (1) \| Respond to of 116764

<<Are you still doubting my forecast for $200-240 POG? >> No,don't doubt it, but don't think it will hold there either. Market feels like it is searching for all time low or attempting to reconfirm prior low. In fact, I feel better about Bob's($275?) average number, but anything is possible. All these guesses could in fact be correct, with PoG stuck in a trading range for a bit longer while trending, with-in that range lower, then a retest of bottom or crash to the $220 range with a mid-late year MASSIVE EXPLOSION to the $350-420 area with hard resistance around $300 level & very hard resistance at around $325-331. The longer it takes to return to "normal" or "average" the harder the explosion we will see. IMHO the presence of GWB Vs. Gore (Clinton before him) will yield that we will no longer see US help in the manipulation lower(crushing) at key break out points, nor would there be a bail-out of the shorts if they get into trouble.. T/A will again be useful as a tool. both sides of the trade will get a better chance a a true win - or LOSS!