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

To: Gabriela Neri who wrote (5885)	1/14/1998 8:07:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116760

Gabriela, How do you propose to supply the gold that is in such demand?If you were a mine owner that produces gold for $280(like many in the world are), what justification would you have to keep producing? Dave

To: Gabriela Neri who wrote (5885)	1/14/1998 8:42:00 PM
From: goldsnow	Respond to of 116760

Gabriela, either interpretation should be very bullish if you are not a market timer. If you were bullish say on AMAT in July 96 at $18 and it dropped quickly to $10 (all before split) before exploding to $106 in Summer, 97 , than you should be more bullish when it dropped to $10, not less bullish. You can also say that $106 was crazy and off the mark and that's why AMAT is now at $29, but if it will go to $200 in 2 years than what a logic? Market can be irrational, but always logical..Not to place everything on one horse, at least at the same time..or is it? I do not think that expectation of 30-50% return that many of us had in last 3 years will continue much longer and conditioned public would look for alternative...and we know with bonds where they are..there is none...and Dave just said he does not want factory in China and I do not want any factory..