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

To: skinowski who wrote (95521)6/28/2003 12:10:31 AM
From: goldsheet  Read Replies (1) | Respond to of 116762
 
All very good comments, thanks.

The main point I got out of the article was almost all factors are currently supportive of gold (fundamentals, weak dollar, dehedging, etc..) and gold just does not want to get much above $370.

I think we may have to live range bound from 335-370 for a lot longer that many goldbugs expect, hope, or will tolerate. It seems the primary objective of markets is to frustrate investors, and the gold markets are often the most frustrating.



To: skinowski who wrote (95521)6/29/2003 8:48:36 PM
From: yard_man  Read Replies (1) | Respond to of 116762
 
>>When all this talk about having 5-10% of one's assets in gold changes to a target of 10-20%, gold will rally. <<

pt is: that is all talk -- most money managers do not recommend any gold exposure to their clients ...

It's more like -- "you could buy some if you're worried, but there are better commodity plays available and gold is supposed to be good during times of inflation -- do you know what inflation is??"

<g>


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