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

To: philv who wrote (20822)	4/29/2004 9:37:39 PM
From: Jamey	Read Replies (2) \| Respond to of 81234

I'm still going all the way with Sinclair's call for $480 gold by August. He is basing his reputation on that call. The shorts are fixing to have their heads on a platter. (I hope) James

To: philv who wrote (20822)	4/29/2004 9:41:09 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81234

Phil > A little late me thinks I show the graph for what it is worth. As I see it, the game in gold is over for the time being. This means 2-3 years according to past history and during which time the gold/share prices could retrace, possibly down to historically low levels, I can't really say. Unlike many who are quoted as if they can see into the future, I'm not clairvoyant, but I can look at a graph. The graph tells me that the place to be has moved from gold shares to S&P. That's not to say that the S&P will go up, only that the relative strength of the indices has now changed in favor of the S&P and against HUI (also XAU). stockcharts.com[l,a]wallynay[dj][pd20,2][ila12,26,9!lb14] Anyway, whatever it is, the relationships between stocks and gold shares which has been in evidence for the past three years has changed. And changed significantly. It's no longer more of the same. The trend (ie relationship) which has existed for three years has been broken. That's the important thing here.