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


To: Ahda who wrote (65149)3/8/2001 2:52:29 PM
From: long-gone  Read Replies (1) | Respond to of 116788
 
IMHO, When the US citizen was first allowed to buy bullion, a gorging took place. They lost their taste for all metal, It corrected into the 350-550 range then the manipulation has taken place to reduce price into the last 4-5 year range.

Yes, the non-manipulated range would only be 300-450 because of better mining & recovery technology today. As there as been manipulation, which will fail, we might be able to see a post manipulation correction of 550-900.