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To: Enigma who wrote (10262)4/20/1998 8:07:00 PM
From: Giraffe  Read Replies (1) | Respond to of 116895
 
>><gold had bottomed out> - etc. well, actually, it had (did?). At least it appears to have (done so). <<

There wasn't a bottom in the period I was discussing (Jan/Feb 97). But the postings at that time reflected a certainty that a bottom had been reached ... and they were remarkably similar in content to what I read today.

It took another year and a further drop of 50 or 60 dollars to reach a "bottom" in January '98.

I think this time its for real - but I have to keep reminding myself that for the moment its just a belief and not a fact.