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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (14146)	8/9/2002 12:38:56 PM
From: russwinter	Read Replies (1) \| Respond to of 19219

<Gold is acting strangely here.> What many of you here fail to understand is that gold is in a secular bull market. We've had one leg, and another is underway. 2% treasuries have a tough time competing with a desired asset that is not someone else's liability. And most have made little attempt to understand the gold market. Mostly you just hear it dismissed as a relic or that "there's no inflation". Until recently a gold investor was usually dismissed as a nut and crackpot. I guess I've made a fortune in the last year being a crackpot? Thinking investors need to be looking a lot deeper (I'm amazed at the laziness towards and misunderstanding of gold) at gold's underlying issues. Here is a report put out by Royal Bank of Canada that will give you insight: Message 17845648