To: SARMAN who wrote (3045 ) 5/16/1998 6:20:00 PM From: John Paquet Respond to
Abdul, Thanks for your reply but you are wrong again; I have been watch this Swan since 1985; I did especially well during 1992, 1993, and 1994; and for god shake everyone was doing especially during this year as gold recovered from its low to that $417.00. Almost every mining stocks you make lots profits out of them, cuz we were in the right cycle. But from 1996, 1997, and 1998 [early part in January gold hit that 18 years' low of $276.50 as Central banks sold and oversold their reserves particularily that new ECB [euro central bank] to effective January 1, 1999] we were in the wrong cycle. Whoever did the buying is the loser but that gold prices looks very bullish, the demand is much stronger than supply this 1998 since ECB is formed and NO MORE sales [I say NO MORE] you can see the gold chart is forming up very bullishly. This 14 days gold price down from $315.00 to that $295.9 and came right back to that important $300.00 level, it means a lots for me. And I see that gold this year could go $365.00 by the end of September. But who knows, if I can forescast gold prices I will be MMMMMM$$$$$$ man. HAHAHA!!!! right.
