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


To: Broken_Clock who wrote (5504)1/9/1998 6:07:00 PM
From: Little Joe  Read Replies (1) | Respond to of 116756
 
If it is in fact a no brainer, why would you be worried about a 1/16th, just buy it.

Live long and prosper,

Little Joe



To: Broken_Clock who wrote (5504)1/10/1998 2:37:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 116756
 
DLUCAS: Now that bullion has made new lows, do not be surprised if the XAU breaks 60 before long. If bullion goes to $250 XAU probably will break 50. I am not predicting this, but I would't rule it out either.

A sutained rally in gold is out of the question until the surging dollar is effectively curbed. This could happen anytime since even the dumbest G7 minister must realize that further dollar strength could lead to a global depression.