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

To: Bob Moffat who wrote (11933)	5/19/1998 11:00:00 PM
From: bobby beara	Respond to of 116830

Thanks for that chart Bob, what that CRB chart tells me is the descending triangle that we just broke out south from, was a consolidation wave 4 of larger wave 3. So we are now in 5th wave down of 3, which can be pretty vertical and means that inflation is the least of our worries. It's no wonder the only thing the commodity brokers push hard these days is Gold, because most investors want to go long something, short sellers are a rare breed, however, in the coming months and years, bears will have full cheeks and bulls will be barren. bwdik, bobby b