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

To: paul ross who wrote (95973)	9/26/2003 9:48:50 AM
From: Real Man	Read Replies (1) \| Respond to of 116765

You can't fight and win against a true bull market. Gold is probably trying to shake out some non-believers, which it always does, before the next big run after it goes above 400 and these shorts cover in panic. If people want physical gold, and they don't have it, you have a price spike. Everyone is assuming they (bullion banks) have the gold. Well, do they? If they don't, it's a bluff, which will be called by Mr. Market.

To: paul ross who wrote (95973)	9/26/2003 11:02:08 AM
From: marek_wojna	Read Replies (1) \| Respond to of 116765

<<How low will it get? My guess is at least below the next major support level at 370 but probably 350.>> You have a very similar call to my own. The thing which might reverse this downtrend is if dollar takes a steep dive, but watching forex, tricks of Japan who is using instead of CB the automakers to buy dollar IMO greenbuck will dance around present level for a while POG going lower. Longer term I'm rhino on gold and silver. Matter of time before the fiat system collapse with big bang.