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

To: marek_wojna who wrote (68871)	5/8/2001 11:39:44 PM
From: long-gone	Read Replies (2) \| Respond to of 116759

<<Gold was always highly emotional, the longer is sitting in "coma" the higher chance of not making recovery. >> The markets are always speaking - always telling whomever is wise enough to listen - a message. This has long been called the message of the markets or more simply The Trend. How can you you state with such absolute certainty the spikes in lease rates & (now)40 week + move in XAU & HUI are saying nothing? Is it because the Ron on CNBC who wrote the most recent book on the "Message of the Market" says nothing of this trend? All who have watched CNBC know they have an axe to grind against gold. Even CNBC can't erase history or alter the future by not reporting it. I understand, "Never short a quiet market" was first spoken in the 40's - the 1840's. Anyone got anything more quiet than a coma?

To: marek_wojna who wrote (68871)	5/9/2001 7:30:39 AM
From: E. Charters	Read Replies (2) \| Respond to of 116759

Gold always recovers. To say it won't is like saying 4000 years of history is going to change because of Y2K. The longest gold stayed down was 30 years post the middle ages, I believe. there was some kind of mercantile trade imbalance going on at the time. It rises fast. Up to 30 dollars in a day. Look at this chart and tell me you don't think gold is making a bottom. I would put it at one to 2 years tops, perhaps much less. fyii.net The chart's long cycles in 18 years are about 2-3 years 83-85 85-88 88-89.5 90-93 93-96 96-99.5 We are about 2 years into a cycle so from here to 6 months there should be a change. The bottom appears to be nearing at an inflexion. A slow swing back up should be in order. We are also 5 years into a slow decline. Gold bottoms are very sharp, not gradual in modern times. This would say that one year is the wait for a return to climbing prices. Once they start, a very long (7 year) cycle should be in order, as was the case from 77 to 84. (not in the chart). The thing that hath been, - it is that which shall be; and that which is done, - is that which shall be done: And there is no new thing under the sun. Ecclesiastes 1:9 EC<:-}