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To: goldsheet who wrote (63992)2/18/2001 11:03:53 PM
From: Zeev Hed  Respond to of 116791
 
Bob, I agree with you, I was trying to be generous, and possibly allow for one panic induced mini rally (we do have some slowly developing destabilization in SE Asia happening as I write), thus my extreme numbers. I think your target will prove more accurate.

Zeev



To: goldsheet who wrote (63992)2/18/2001 11:22:59 PM
From: Richard Mazzarella  Respond to of 116791
 
Bob, <<we will not see over $300 in 2001>> I disagree. Momentum will take POG much higher. Unlike the limited gold market moves of the recent past, there is now little to compete with gold. Nothing in any markets looks good for those insisting on 20+%/yr. appreciation on investment. Any tulip will do, but gold looks postured to become an ideal tulip.

PS, gold makes a good tulip because of its optimal properties for storage.



To: goldsheet who wrote (63992)2/19/2001 5:27:11 AM
From: sea_urchin  Read Replies (2) | Respond to of 116791
 
Bob: You and Zeev are guessing well.

My multiple regression models against currencies and what-have-you show $300 as about tops. That is, with the currency relationships as they are now. A serious devaluation of the USD could change the picture markedly.