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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (1887)	2/18/2002 12:06:14 PM
From: TheBusDriver	Respond to of 39344

<<the way they keep playing with POG>> They cannot keep the game going forever although I admit I initally underestimated the will of the CB's and FED. We will have our day in the sun. From "Gold this Week" @ the-privateer.com "This week, the high point of the chorus (so far?) was reached on February 14 when the Dow managed to struggle back above the 10000 level (it closed at 10002) for the first time since January 10. And, of course, Gold has stalled at $US 300. Gold has not kicked on from its $US 303.50 close of February 8. Neither has it fallen away from $US 300. It has simply been cycling all around that number all week. As you can see from the "course of trade" numbers above, volume is WAY down and the daily and indeed weekly trading range is very tight indeed. Gold is simply biding its time? Biding its time for what? Biding its time for the fragile veneer of "confidence" which has been spread over Wall Street from one end to the other to crack. And crack it will......" Wayne