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


To: bobby beara who wrote (8892)3/26/1998 9:39:00 PM
From: Richard Mazzarella  Respond to of 116957
 
Bobby, the way I read it, we have all three term forecasts (short, intermediate, and long) a buy. So far this forecaster has been working very well. Almost nothing goes up in a straight line and we need to be vigilant for change in the short term forecast. They update the forecaster on Tuesday and Thursday. IMO there are some structural underlining fundamentals that may be moving us to that long awaited nirvana for precious metals. Metals behavior has historically been a leading indicator, I don't see that changing. Paper just supporting paper, doesn't impress me as particularly sound, never has. IMO people will soon learn that it's not different this time. Too bad for them.