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To: Terry Rose who wrote (19010)9/15/1998 10:31:00 PM
From: Don Green  Respond to of 116779
 
> The top of the stock mania has already been put in..

I hope you are better at Gold predictions than you are about the stock market....

As for Gold, I came to this site to see what was new in the Gold market, but after a few days I realized that the thoughts are basically the same as they have been for years..

But I will keep the faith...

regards
don



To: Terry Rose who wrote (19010)9/15/1998 11:04:00 PM
From: Zardoz  Read Replies (1) | Respond to of 116779
 
"Where is the money going to come from to resurrect this bull market?"

Where did it come from in the first place? M2... the lack of liquidity came about when the M2 rate was decreased... YES M2 is still expanding, but not at the same rate as before... Where were you 10,000 post ago when I said that M2 was the reason the the US dollar increase in valuation. This mask inflation. And this is why the Bonds SEEMED to be trading at a high real rate. That fact is, the bonds weren't.

Look at 1987 after the mini-crash, when greenspan raised M2... and added liquidiy.



To: Terry Rose who wrote (19010)9/15/1998 11:20:00 PM
From: scotty  Read Replies (1) | Respond to of 116779
 
Terry, I agree that the top is in...Citicorp...http://fast.quote.com/fq/quotecom/chart?symbols=cci&time_period=Monthly&bars=100&