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

To: Andrew who wrote (70512)	5/27/2001 10:26:41 PM
From: long-gone	Read Replies (1) \| Respond to of 116761

<<negative articles are good, >> sure, but isn't asking about the authors track record OK? Did he call the top of the NAZ?

To: Andrew who wrote (70512)	5/27/2001 11:04:59 PM
From: Gary H	Read Replies (1) \| Respond to of 116761

Right! Nice upward slop on the bottom of the Stochastics, divergence between price and MACD and Will.%R up. Be looking for the later to cross 50%. Still holding what I got and may add.

To: Andrew who wrote (70512)	5/27/2001 11:19:48 PM
From: Richnorth	Read Replies (1) \| Respond to of 116761

A highly BEARISH article excerpted from The International Harry Schultz Letter (April 30, 2000). "I wrote this fairy tale at 35,000 ft flying between Dubai and Nice. If you don't like it, blame the cocktails aboard Emirates Air. If you do like it, pass it on. Cheers! "U are invited to the Millionaire Valley Country Club. U always wanted to be a millionaire/member. U call a Nasdaq Taxi and he starts to drive U. But the car is going ever faster: 50, 60, 70 mph. You tell the driver, Mr. Greeny, to please slow down. He says a new mechanic, Mr. Joe Sixpack, at CNBC Motors fine-tuned his car and now he can't control it. He tries to call his office on the squawk box, but the talking heads have tied up the line. Says he thinks if he hits the brake the car just won't slow down but will stop dangerously fast and roll over ---- a bearish thought! U get nervous as the taxi is now at 80 mph. If it hits a depression (in the road) at this speed, it would derivative into a hard landing. "Now it's 90 mph! A road sign says: "High speeds are safe as this New Paradigm highway is paved with margin-debt." At 100 mph Mr. Greeny is now scared. He touches the brake very slightly, without exuberance. The irrational taxi doesn't slow. The petrol engine (P/E) is out of control. It goes faster. Mr. Greeny fears death & his life spins before him. He remembers how he pledged his spirit to Ayn Rand & the gold standard in the 1960's. But then came Judas who offered him 30 pieces of silver mine stock certificates (www.NoPrinciples.com). He sold his soul to Judas . He was given the top job in the nation, head of the Fiddle Everything Dept (FED for short). All he had to do was to avoid telling the truth. Sounded simple. But there was a catch. He had to keep gold from levitating & keep stocks from falling. The former would help the latter. He had to forswear his early-life respect for gold & hard money & a free market for gold, and impose a limit on the price. "He hesitated for a long time to make this great sacrifice of principles (20 minutes). He grew to love the adoration. He soon applied for God's job. Judas (the front man for the Insiders) kept raising his demands. Now Greeny had to not only avoid the truth, but also agree to lie. Mr. Greeny was too far into the VIP idolatry to refuse. His life was now a sham. All this flashed through his mind as the Nasdaq taxi indexed speed increased to 4000 mph. He no longer cared if he lived or died. His principles were sold out & gone. He had no self-respect and those who bowed before him like sheep did so out of greed or fear so it gave ever less pleasure. But what about U, the passenger in the Nasdaq taxi? Well buddy, U got yourself into this taxi. U'll have to get yourself out! Good luck. Bye!" Mr. Schulz continues.................. "I fear we delude ourselves with talk of left and right wing, Democrats, Republicans, liberal, conservative, Labour. All the above are run by the same managers, the Insiders. They enjoy letting us think we have choices and the parties are vastly different. At times some party or person gets a bit out of hand, but not for long. Generally, the Insiders call the tune. This goes for mkts as well as legislation. They intervene in currencies, stocks and gold like a monopoly game. Heads of state are puppets, almost without exception. Read the news with this reality in mind & it takes on new meaning. *"Will the FED (Fiddle Everything Dept) raise interest rates May 16th? Yes. By 50 pts? Yes. But US slave-citizens should protest gutless Fed performance in recent yrs. The bubble wouldn't exist had the Fed raised margin rates 2 years ago and hiked interest rates by 1 pt, not feeble 1/4-pt moves. Oh, I forgot; Fed has no free will. Takes its orders from the Insiders. Forgot Fed head is an errand boy. The bubble apparently suited Insiders, as they could have deflated it anytime. No space to discuss reason they liked the bubble. Another day. Meantime, think. They wish you wouldn't." (In case you missed noticing the date at the start of this article, it was April 30, 2000.) Of course, what has happened to all the folks who rode in such a Nasdaq taxi is now history.