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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (3524)11/19/2002 10:37:00 AM
From: TheBusDriver  Respond to of 4051
 
<<Claude Cormier have predicted a gold price well into four digits>>

Really? I don't recall that! Be really surprised if he did. Maybe in 5 years or something.....

WAyne



To: jrhana who wrote (3524)11/19/2002 10:40:19 AM
From: Claude Cormier  Read Replies (1) | Respond to of 4051
 
Its impossible that gold will not reach 4 digits one day as fiat currencies have a tendency to trend towards zero. My guess is it will happen in the later part of this decade. But it could take longer than that.



To: jrhana who wrote (3524)11/19/2002 1:38:44 PM
From: Little Joe  Respond to of 4051
 
I consider both Richard Russell and Claude Cormier to be very knowledgeable, but no one is perfect. Also, Prechter has a great track record and he believes that gold is headed lower before going much higher. Only the market is always right.

Although I too believe gold could go to 4 figures, I also recognize that I could be wrong. I prefer an approach where I follow the market whichever way it goes. I like to be an agnositic until the market speaks and so far on gold "it ain't talking", at least not to me. gggggggggg

Little joe