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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (9906)4/17/2003 11:23:55 AM
From: BSGrinder  Read Replies (2) | Respond to of 39344
 
I really appreciate hearing everyone's scenarios for precise gold price movements, including the "waves" and the "retraces." However, I am beginning to think the whole thing is an event/psychology driven crap-shoot, with a strong, long-term upward bias. All the factors are in place for a devaluation of the dollar and a revaluation of gold, but how we get from here to there is going to be dependent on a host of totally unpredictable short-term events and mood swings.
/Kit



To: Canuck Dave who wrote (9906)4/17/2003 11:29:11 AM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
<A bunch of people can all look at the same data and come up with different interpretations. >

(ndeed that isthe market.

<I know you and I can look at the same stock and have totally different opinions, both for valid reasons!>

Yes. Different people have different invesment profiles and therefore different rules. So it is normal that you may like a stock and I may not and vice versa. But in the end, only one of us will be right when it comes to its future price.

<It appears that until a trend emerges, we're just going to have to wait things out and offer potential scenarios.>

Exact. Very few movers in these times.