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


To: long-gone who wrote (78156)10/9/2001 1:09:18 PM
From: goldsheet  Read Replies (3) | Respond to of 116836
 
> Would you care then to explain the move from $252 to current 290 range in the last few months?

Easy, it did not happen, you have incorrect numbers.
The lowest gold has been in the last few months was $271.60 (4 SEP 2001)
The lowest gold has been in 2001 was $255.10 (15 FEB 2001)

Observation: No one posted gold prices today. I noticed after bombing started on Sunday there was anticipation of a price rise and several posts were made when we were up about $3, but we finshed up about $1. Today, gold is down almost $4, and silver is down 12 cents. Got to report all news, "fair and balanced" as FoxNews says ;)



To: long-gone who wrote (78156)10/9/2001 4:26:48 PM
From: yard_man  Respond to of 116836
 
who didn't expect gold to sell off on news of our first attacks?? All the stoopid stories on YHOO said gold range bound waiting for the start ... not to worry. Just a little surprised equities didn't go up some

I love this "gold sucks" stuff -- keep it comin', everybody and their mother knows that gold is going back to $250 and lower ... ya gotta love it. Very healthy base.



To: long-gone who wrote (78156)10/9/2001 5:24:54 PM
From: Mad Bulgarian  Read Replies (1) | Respond to of 116836
 
Look, ten or twenty bucks, who cares? Gold should by all rights be at $400/oz by now. And it isn't.

They sold it off again today. The three stocks I had (ABX, NEM, and PDG, which thankfully I dumped a few days ago) got taken out and had their asses kicked again, down 3%.

They are going in the wrong direction!

Supply and demand, yes - but given expectations, hardly any demand in recent weeks for the physical stuff and always an eager supply at $295.

I dunno - blame the Swiss, blame the Brits, but don't blame me. I just tell it like it is. Gold sucks.

I'm outa here.

-MB