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


To: c.hinton who wrote (82615)2/27/2002 11:40:18 AM
From: Ken Benes  Read Replies (4) | Respond to of 116815
 
I am not long term negative. Currently, it is very difficult to say. I do not envision gold falling below the 282 level, however, I believe it will be very difficult for gold to move decisively above 300.00 at the current time. There is a large intangible, another attack on the US. I believe it is an accepted proposition that the equity markets and bond markets are being heavily supported by the industrialized nations resulting in a finely balanced situation. Another attack could conceiveably disrupt this equilibrium, which would be a plus for gold.

Ken