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

To: Bobby Yellin who wrote (4144)	12/11/1997 2:33:00 PM
From: PaulM	Respond to of 116789

Hi Bob Y. Silver rising while other food stuffs and other commodities continue a longer term down trend is an important signal. You can be sure that silver and gold won't go in opposite directions for very long. Gold will go silver's way. Initially of course, gold will face more of an up hill battle, but when gold does cathes up, it will happen overnight. This past Monday may mark the peak of this equity bull and the height of irrational exuberance. Despite worsening fundamentals everwhere, the DOW merrily made its way to its near all-time high, and the S&P just earlier set a record. Meanwhile,in real terms, sentiment for gold was at its worst in several decades. I believe we are now entering long term reversal of these trends. I suspect this is now a long term gold, bull market. I know it doesn't feel like it yet. We'll see.