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


To: PaulM who wrote (17514)9/4/1998 4:07:00 PM
From: C Hudson  Respond to of 116759
 
PaulM, I see your point but I'm ready for the bull to begin. It's been a long, hard road.



To: PaulM who wrote (17514)9/4/1998 4:11:00 PM
From: long-gone  Respond to of 116759
 
Paul,
It is true, no one anywhere can long fix any price for ever!
These factors will for ever be fixed by the far greater truths of Supply & Demand. Remember these rules.
1. Brokers only make money when they sell!
2. Many poeple in today's market must chase momentum.
3. Many people in today's market are fully invested.
4. Most have NO exposure to any precious metals.
5. To gain this (now required) exposure they must sell. Brokers who two weeks ago were saying "Gold will not move for a long time" are now saying "A long time has come".
richard