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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: Bill Murphy who wrote (1195)6/23/1998 5:54:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 1911
 
Bill-
just guessing of course but I think gold will be used in its traditional sense..inflation...think it will finally be announced
that there are signs..even though most of my expenses have gone up..
then if the dollar ever tanks..it might finally be used as part of
a basket for currencies..
again just big guessing!
bobby
(I am watching for accumulation in the majors..that 9 percentage by
the German strongly suggests accumulation..ABX looks as if it is
being accumulated..)
(real estate is also going through the roof here..in the NYC times it
mentioned that a single person needs between 125,000 to 150,000 to
pay 3,000 a month in rent..isn't that mind boggling..apartments are
being built to sell for over 1,000,000 ...and well over 1,000,000...
get real estate section of New York Times..amazing..heard some real
estate analyst saying that prices haven't risen that much ..ha