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


To: Paul A who wrote (70433)5/26/2001 12:40:13 PM
From: goldsheet  Read Replies (1) | Respond to of 116760
 
<< in the next few weeks your going to be reposting a similar message at a higher level>>

Likewise, one can go back to 1998 (gold at $300+) and read similar big/ego confidence posts that the gold miners had sold so much forward that they were in danger of imminent collaspe and central banks had sold/leased so much gold (Veneroso) that they was none left to provide liquidity to the markets. This would result in an immediate surge in gold prices to $500, $100, $2000 !!!!!! I'm still waiting (yawn.....) I'm not saying it still may not happen, but they also might figure out how to get out of the situation.

Meanwhile, it is like the guy on the Ed Sullivan show in the 1960s spinning 10 plates at once - some hope he goes on forever, others hope he drops them all, but the reality is often between the two extremes. Either way, it's a fun show and makes for good entertaining posts. Stayed tuned for the next exciting episode of as GPM turns ........



To: Paul A who wrote (70433)5/26/2001 10:06:10 PM
From: long-gone  Respond to of 116760
 
The action in gold or the mining issues is as though we make a few converts with most each passing day. On an occasional day we miss making a convert, but there are other days when those which are converted are not merely believers but rather also evangelists which also go and make convert yet more heathens.