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

To: Crimson Ghost who wrote (5791)	1/14/1998 6:19:00 AM
From: Mark Hutnick	Read Replies (1) \| Respond to of 116762

George and all, You are right! IF Gold goes to $200, we (the world), will be in deep sneakers. ALso, if Gold goes to 800-$1000 we will also be in deep sneakers. These extremes will provide us more to worry about than how much $ we are making or losing. These extremes border, if not surpass, dangerous times for mankind. People must be mad to want to see these extreme levels. What is ideal is that we make a profit within a range of balance and acceptibility. I believe that we will see an uptrend from this point to about the May 1998 time (short and intermediate week cycles). Most indication is that the XAU will hit 90 at a minumum (maybe 110); Gold will hit $335 (maybe $$375). After the May'98 timeframe, I see the price dropping back to about $300 until January 1999, when POG will resume it's upward trend to about the $600 range. Good Luck, Marco