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

To: Don Green who wrote (17741)	9/5/1998 11:45:00 PM
From: long-gone	Read Replies (2) \| Respond to of 116791

no, most analysts ain't. In many brokerages, they belong to the sales" departments. What I do know is, many of the miners have gotten it together, and can now or will shortly produce a profit even if the price goes down more. rh

To: Don Green who wrote (17741)	9/6/1998 12:01:00 AM
From: Investor-ex!	Read Replies (2) \| Respond to of 116791

Don, You won't find a "gold analyst" who has been bearish for 18 years and has now turned bullish. It is not possible to be an analyst for an industry for 18 years and be bearish the entire time. Gold analysts are no different than another other sector analyst -- they have to be basically bullish at least part of the time to retain their jobs. Given the realities of the investment industry, this is a loaded question with no possible answer. You obviously place great credence in technicals, i.e., price action. This thread is fundamentals oriented. In fact, we are looking mainly to the developing changes in fundamentals. Price action has its place, but in the medium to long-term, price is driven by fundamentals, not the other way around, as you so foolishly keep insisting. Come on, snap out of it. Why you are bent on wasting this thread's time with the same lame argument is a total mystery. Psychologists would call you "an interesting case". So which is it? 1) Dropped on head as baby 2) Inferiority complex 3) Delusions of grandeur 4) Sadist 5) Just being yourself There are two things which cannot be attacked in front: ignorance and narrow-mindedness. They can only be shaken by the simple development of the contrary qualities. They will not bear discussion. Lord Acton (1834-1902), English historian. Letter, 23 Jan. 1861 (published in Lord Acton and his Circle, Letter 74, ed. by Abbot Gasquet, 1906).