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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: randy kay who wrote (7364)10/25/1997 4:19:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Hi Randy,

I must not have communicated correctly - I thought the issue was that gold was a hedge against a melt-down and not a speculative run-up in advance of a meltdown.

HM was 24 on Sept 30, 1987 and 14 1/4 on Nov 30, 1987.

So much for the meltdown theory.

So you think gold is going to skyrocket because the markets are going to crash WHEN?

Regards,

Bill



To: randy kay who wrote (7364)10/25/1997 6:33:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Randy we have a mirror of 87 now but the result for stocks will be the same. At that time bonds were falling like a rock and the stock market moved up. As a result Gold moved contrary to the treasury bond as it does now.

Happy trading
HAim


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