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

To: Ken Benes who wrote (73127)	7/9/2001 2:03:10 PM
From: long-gone	Read Replies (1) \| Respond to of 116762

"The charts show that gold has traded in a narrowish range (between $260 to $280) since August 2000 with a few brief spin-offs along the way. Little more than a month ago there was that turbo-boost through $290/oz that ... With the precision of hindsight, had one simply bought gold shares when the metal dipped below $265/oz and closed out that position and then short-sold the metal at $272, do that a few times and the 60ft yacht in Monaco would have been long paid off" So you next going to claim you wrote that? We all saw the link. Next trick reading the history charts right off Kitco? Then explain April May June 2001 all above the 264 mark? Were (cough cough gag gag)Your analysis (anyone here respect plagiarism?)correct wouldn't there have been a pullback to the 260 mark? difference between $260 & 265 does it matter sports fans?

To: Ken Benes who wrote (73127)	7/9/2001 6:50:29 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116762

Interesting choice of words there, Ken "[POG] far too predictable" I have a mining associate who outfitted 25 family mines---silver mines in Cripple Creek Mining District of SW Colorado--who used 2 years of basically a 10c silver trading range to completely equip each of his family's silver mining properties, and subsequently reopen them for mining. Clarence would trade 50 NY Comex contracts at a time for 2-3 up to 10c per per day's action as a day trade, and when he accumulated $1,000,000 in his trading account...took that mil, bought the necessities, left town to oversee the re-opening of that particular mine. Then Clarence came back and proceeded to repeat the entire process. So, the assignation you made (which could be interpreted as negatory at that, Ken) about POG's predictability being "far too predictable" is not necessary a negatory viewpoint I'd share. See my point, because I sure see yours. When it comes to observing market phenomena, I'm more like Rarebird in that morality does not need to be assigned to the observation. That is to say, I feel NOOOOOO need to moralize on the goodness or the badness of a trading range in POG or POS either way...just feel the necessity to recognize one when it occurs and play it accordingly, agreed? This predictable gold cycle has made a LOT of people a LOT of money, as such stagnation periods ALWAYS do for the awake and alert. Now, if it will hold just a touch longer...as my mule needs new shoes...<grin> Hey, where's Dave the GPM (old prodigy XAU thread) favorite farrier when y'need one???? Oh, DAAAAAAAVE???? gold_tutor