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


To: Aloysius Q. Finnegan who wrote (14659)7/19/1998 6:58:00 AM
From: long-gone  Respond to of 116762
 
Pogue,
Who knows in the short term, but in the longer term, we know what will be the truth about the POG. It has forever remained a constant point of value. This is no longer about it being simple protection, as these things run in cycles that no one can forever rule, what has been held back will rally back with all that was missing the last few years & get the gains of that year also. When Price of Gold does move, we could well see a bounce well above all recent recorded highs. This is becoming a very possible high profit situation IMHO. Don't take this as advice, but that is how I'm betting.
I'm guessing $650 in next 1.3 years would not be out of line.
rh



To: Aloysius Q. Finnegan who wrote (14659)7/19/1998 8:49:00 PM
From: Gabriela Neri  Respond to of 116762
 
Just technical. But, I forgot to mention that this will represent the bottom and the subsequent rally the beginning of the trend change.