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


To: Richard Mazzarella who wrote (9377)4/5/1998 4:18:00 PM
From: Terry Rose  Read Replies (1) | Respond to of 116790
 
Richard, I read a post on Kitco today which discussed using the ratio between the XAU and spot gold price to clear out of gold stocks. The person who posted used a sell point of .300 and he researched the months preceeding October 1987. Evidently, in September 1987 this ratio was hit and those that cleared out missed the crash. This might be a helpful early warning system.

Terry,



To: Richard Mazzarella who wrote (9377)4/5/1998 4:39:00 PM
From: bobby beara  Read Replies (1) | Respond to of 116790
 
RM, >>>IMO when the "value" for investing in precious metals is discovered by the market herd, watch out<<<

You got dat right! Glad I'm an 8'er.