Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zardoz who wrote (88206)	7/23/2002 12:01:52 PM
From: Real Man	Read Replies (2) \| Respond to of 116972

Dollar index trendline is 107.5, from where it will fail, and go down the tubes. Gold will break 330. HUI will reach 93 and bounce. What's your prognosis? Let's test and compare later. 23% on average gain for POG in all world currencies since 1999 is a bull trend. I think most people here are looking at gold in rearview mirror. I have time inconsistentcy, since I see a large probability that stocks (SP) may bounce for a week to a month, while the dollar will keep falling. The only way this is possible is in a currency crash, like turkish lira. -NG- I don't want USD to behave like turkish Lira, but part of my family back in Russia wants to convert all their savings from $ to Euro cash, and the press keep calming people. "The dollar won't crash, cause the American economy will recover, etc., etc." This is what pre-currency crashes look like, and CB intervention was never able to stop them. If the dollar crashes, gold will go to the moon. The next stopping point on gold train then is $1000. Don't get left standing on the platform, or get smashed by the gold train shorting gold. Remember, gold train is EXTREMELY HEAVY. -g-

To: Zardoz who wrote (88206)	7/23/2002 12:04:05 PM
From: Real Man	Respond to of 116972

Dollar index trendline is 107.5, from where it will fail, and go down the tubes. Gold will break 330. HUI will reach 93 and bounce. What's your prognosis? Let's test and compare later. 23% on average gain for POG in all world currencies since 1999 is a bull trend. I think most people here are looking at gold in rearview mirror. I have time inconsistentcy, since I see a large probability that stocks (SP) may bounce for a week to a month, while the dollar will keep falling. The only way this is possible is in a currency crash, like turkish lira. -NG- I don't want USD to behave like turkish Lira, but part of my family back in Russia wants to convert all their savings from $ to Euro cash, and the press keep calming people. "The dollar won't crash, cause the American economy will recover, etc., etc." This is what pre-currency crashes look like, and CB intervention was never able to stop them. If the dollar crashes, gold will go to the moon. The next stopping point on gold train then is $1000. Don't get left standing on the platform, or get smashed by the gold train shorting gold. Remember, gold train is EXTREMELY HEAVY. -g- It won't stop, and you can't slam the breaks either. This is the panic that we needed to flush the speculators from the gold market