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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: mcg404 who wrote (19448)10/25/2003 8:39:23 AM
From: sea_urchin  Read Replies (1) | Respond to of 81957
 
John > demand for dollar denominated global risk assets (debt instruments) remains unprecedented.

SA is hardly a purchaser of US debt. If anything, the demand is for non-dollar denominated debt, like SA Treasuries.

> the whole gold/gold share market is like a house-of-cards, built on make-believe...> As are the alternatives?

Not necessarily so. There are "rules" to investment such as earnings growth, dividend yield and underlying tangible assets and I believe, perhaps naively, that one should still look for investments on this basis rather than merely follow the one who shouts the loudest and causes the most panic especially if his exhortations are accompanied by the strongest share-price momentum. FWIW, that's my opinion.

Anyway, there's so much noise in the system that it's almost impossible to hear oneself think.



To: mcg404 who wrote (19448)10/25/2003 10:57:49 AM
From: sea_urchin  Respond to of 81957
 
John, I have to say, especially in view of my previous bearish comments, that gold looks very strong at the moment.

tfc-charts.w2d.com

>>>Conventional Interpretation - Short Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Short Term: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis -

Long Term: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average. <<<