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

To: goldsnow who wrote (69544)	5/19/2001 5:25:00 PM
From: Rarebird	Read Replies (5) \| Respond to of 116752

Short Term Rates are headed lower, long term rates are rising and headed much higher, the U.S. Fed is pumping up the monetary supply like there is no tomorrow and Gold is finally beginning to respond to an interest rate and economic environment that has historically produced a gold bull market. Believe it or not, the Goldie stocks are headed much higher. Confirmation came on Friday. Gold has indeed bottomed. Let there be disbelief all the way up, as the gold stocks surge, then consolidate, before they surmount all major resistance levels on the way up. Don't even think about selling if you want to profit big time here. This is a market that is extremely difficult to time short term. It is not the S@P or COMPX. As long as the economic fundamentals and interest rate environment remain Bullish for Gold, it will rise against all expectations. Expect the Unexpected here. Listen to no newsletter writer or the Media. The "I think" for myself has always led to the Truth. Don't ever forget: This is a Gold Bull Market. This is a Gold Bull Market. PS I think we get some consolidation early next week as Asia and London digests the big move in NY on Friday. Don't get alarmed. Some backing and filling is in order here.