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

To: Lucretius who wrote (95486)	6/24/2003 4:11:25 PM
From: re3	Read Replies (2) \| Respond to of 116790

on the contrary, i see gold and gold shares up BIG TIME tomorrow...BIG TIME baby, BIG TIME

To: Lucretius who wrote (95486)	6/25/2003 2:08:15 AM
From: Jamey	Respond to of 116790

No reason to get excited about a small blip when long term, gold is out distancing every other sector. The market is full of daytraders who flip back and forth between the DOW and the Gold sector causing volitility but long term, gold has steadily advanced and it is a proven that market timers lose money 90% of the time. The smart money stays for the long term.. Here are comments from leading gold advisors: What the Experts Are Saying Mary Anne and Pamela Aden of "The Aden Forecast" tell us, "We could see gold above the $415 level, which is the next important resistance, either during the current rise or before year end.” Jeffrey Simon of "The Market Nugget" writes, “Gold is destined to resume its traditional role as a store of value. As multiple nations compete to see who can have the least valued currency something is going to give. It is my opinion that gold will eventually be the primary beneficiary, but the exact timing I can not predict." Frank Giusta writing for "The Daily Reckoning" says, “I suggest at the very least investors should diversify out of U.S. Dollars and hedge their portfolios with at least 15% gold content.” Bill Fleckenstein, CNBC on MSN Money, summed up his case for gold this way, “All of this is very bullish for the only currency that has been in existence for 5,000 years, that cannot be printed, and is no one else’s liability– and that’s GOLD!” Gold to $1,000 Per Ounce John Hathaway manages the Tocqueville Gold Fund– and he's one bullish guy on gold! Here's his outlook for gold, "A small shift from the big pile of wealth that's in stocks and bonds to the little pile of wealth that's in gold could produce a much higher gold price... in time this could cause gold to trade comfortably in excess of four digits ($1,000.) James