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


To: Eashoa' M'sheekha who wrote (15953)8/16/1998 10:06:00 AM
From: Oak Tree  Read Replies (2) | Respond to of 116876
 
Turrus553, I agree -- but frankly where is the beef? I too believe that gold has bottomed, and I am also one who buys when everyone says sell and selling when they say buy. I do not always make money that way. Most of the 19 points you made on why gold has bottomed however are not really new. Even so, gold has been going down. That 83,000 tons of gold stores is a lot of gold. Do we actually need any more? Money is a symbol of value. Gold is the same. The dollar, yen, and gold can all go up and down. It just depends which one you want to own. It is a usually a mystery why gold goes up and down. It is not a mystery why the dollar or yen goes up and down. Maybe we should all wait till the yen falls to its bottom and buy yens as the dollar falls.