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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (776)12/21/1997 1:05:00 AM
From: Richnorth  Read Replies (2) | Respond to of 1756
 
Congrats for your insights and foresight. It certainly looks like gold is headed to $250 or even to $195. It also seems to me the smart money U R associated with is kinda doing rather well.

But, and there is always a BIG BUT! that what will actually happen may not be what one has predicted. There is usually more than what meets the eye!

Excuse me if I am mistaken. But I kinda think U R rubbing Ur hands with glee these days and it won't be long before triumphant sounds of "HEEEEEEEEEEEHAAAAAAAWWWWWW" will resound throughout this GOLD-XAU thread. Cashed out Ur 401K and annuitized Ur IRA already? I hope you ain't gloatin' over any one's discomfiture.



To: IngotWeTrust who wrote (776)12/21/1997 1:50:00 AM
From: Don Green  Respond to of 1756
 
We're w/in $30-90 of the bottom... in gold price...
or to put it into percentage of risk terms:
$30 risk =13% of the bottom...(Wayne Angell's figure of $250)
$90 risk =32% of the bottom...(my figure of $195)

We're at an entry level here, boys/girls!

Gee this seems very bullish to me?????

$250... why not $199



To: IngotWeTrust who wrote (776)12/22/1997 6:08:00 PM
From: philv  Read Replies (2) | Respond to of 1756
 
O/49: EMU, FRB & POG

The Fed. Reserve is obviously co-operating with Europeans to establish the EMU & $EURO. Any thoughts as to why? A strong $EURO will result in a dimunition of the $US, as a sharing of seniorage is inevitable.

The F.R. could put road-blocks in place, simply by say sending certain signals, or by buying gold. Failure to do so, in the face of loss of prestige & real financial loss, is what I cannot at this time understand. Do Americans understand the consequences?

Who are these guys working for anyways?