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


To: Tom Byron who wrote (9708)4/9/1998 9:28:00 PM
From: philv  Read Replies (2) | Respond to of 116764
 
Tom & B.B. & other T/As: Can T/A really work for the XAU?

Most people agree that gold price is "controlled" or at least strongly influenced by some powerful forces, and the XAU is simply a leveraged substitute for gold. Normal or natural forces are not at work, the POG seems to be at the whim of this C.B. or another, a Fed. Reserve announcement or EMU speculation, etc. Not what one would call a normal business cycle. How then can technical analysis of cycles be of value, when one cannot know what is in the minds of those who control the value of gold?

I do not discount the value of charts, but would be interested in hearing your thoughts. T.I.A.

Phil



To: Tom Byron who wrote (9708)4/10/1998 12:23:00 AM
From: Abner Hosmer  Read Replies (1) | Respond to of 116764
 
>>Surf, for example, kitcomm.com, and catch a wave of wondrous wackiness. But be sure to wear a full length rubber suit.<<
ubs.com

I'm really starting to like this guy ;o]



To: Tom Byron who wrote (9708)4/10/1998 12:22:00 PM
From: marketbrief.com  Read Replies (1) | Respond to of 116764
 
Thanks a lot for your analysis. What would you say that general consensus is toward the yellow metal?



To: Tom Byron who wrote (9708)4/10/1998 12:41:00 PM
From: Ahda  Respond to of 116764
 
Tom All i don't know what i have here am not an option player but i was thinking we have all this is money going into IRA plans etc this time of year.
MAY 96 (.DJVER ) 1/ 4 think this is a call on dow 96OO could be wrong not familiar with the symbols yet. Anyway could just be we zoom ot the moon like i believe bb stated via charts and then start to turn around is just my thought.