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


To: Crimson Ghost who wrote (65220)3/9/2001 10:33:58 AM
From: lorne  Read Replies (1) | Respond to of 116764
 
LBMA Lease Rates 5.1875%
lbma.org.uk



To: Crimson Ghost who wrote (65220)3/9/2001 11:52:15 AM
From: Rarebird  Read Replies (3) | Respond to of 116764
 
<The XAU is flat this morning despite the jump in bullion prices. Does suggest a short-term top has been seen.>

The gold stocks are forecasting a substantial rise in the POG. The gold stocks vastly outperformed the POG yesterday. The economic environment does not get much better for gold here. Greenspan is lowering rates 50 basis points every 6-7 weeks now and the economy is continuing to head further into recession.

This is a gold bull market. Buy and hold gold stocks is in effect here till growth rebounds.



To: Crimson Ghost who wrote (65220)3/9/2001 12:07:56 PM
From: long-gone  Read Replies (1) | Respond to of 116764
 
That's it, bugs are making a swing from largest into smaller IMHO. Bugz positioning themselves to be in place for possible takeouts by big players or bounce as small are shoved back into XAU.



To: Crimson Ghost who wrote (65220)3/9/2001 7:22:45 PM
From: Zardoz  Read Replies (1) | Respond to of 116764
 
The XAU is flat this morning despite the jump in bullion prices. Does suggest a short-term top has been seen.

Smells like someone is closing a hedge.