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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: martin001 who wrote (59671)5/1/2002 11:32:29 AM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
I did not say "never" I said within the next three years. Things can always change, but right now, I do not see conditions for that type of a move. While for the time being I think the bull move in gold is not over, I think that $330 will be a major hurdle, and only massive balance of payments deficits can get us past that. I believe I stated here few month back that $400 will probably be the max on gold, and that only on a spike, and if the dollar declines by more than 30% or so.

Zeev