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


To: Richard Mazzarella who wrote (65029)3/7/2001 8:04:56 AM
From: TATRADER  Respond to of 116756
 
richard, all we need is one major event, and you will get your huge move.....I think that by raising the lease rates every time the POG gets around 260.00, the powers that be are signaling they don't want gold to go any lower... Circle one of these and you get your huge shortcovering rally...
1)War in Mideast(Israel bombs Iraq)
2)Dollar crashes to 93-95
3)Dow crashes under 10,000 on way to 9200
4)Central banks limit derivative trading and start buying gold again...
5)Inflation comes back with a vengeance...



To: Richard Mazzarella who wrote (65029)3/7/2001 8:18:17 AM
From: long-gone  Read Replies (1) | Respond to of 116756
 
<<gold has been a major dog for 4 years. >>

More important, As the media has forwarded the lie of "20 year bear market in gold" any rally above $480-540 might just turn it into "THE" mo-mo play of a lifetime with the sky being the limit! People might buy into it HARD for the Next Ten Years!