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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (23220)	10/25/1997 11:03:00 AM
From: Bruce McGaughey	Read Replies (2) \| Respond to of 35569

To all: Go to The Privateer and read what they have to say about the sell-off in gold yesterday. the-privateer.com They never really said it but they hinted at the thought that yesterday was a pre-emptive strike on gold. The Swiss announced they would sell some gold, dependent on a vote by the Swiss people. The Swiss people hardly ever agree on anything. The sale hasn't happened yet. And if it happens, they'll sell it over the course of the next few years. Markets around the world are tanking. We may seeing a BIG problem in the world's economy. The only safe haven is the U.S. Dollar. If gold turns north and people start dumping dollars, we're really heading for trouble. Yesterday was political. Market manipulation by the powers that be. They're really trying to keep the gold genie in the bottle. Can they do it ???? Take a look at the chart of the XAU, if you can find one. Looks to me to be a reverse head and shoulder bottom forming. I think we're close to lift-off, folks. ....and a melt-down of the stock market. Any comments ???