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

To: butkus who wrote (19519)	9/22/1998 6:07:00 PM
From: Enigma	Respond to of 116900

Butkus - you can't be serious about being kicked out - not by me anyway! It seems to me that if for some reason gold went to $200 or lower, a lot of alarm bells would go off - and the printing presses would really run. Also many producers would go under, others would cover their short positions, and the speculative short sellers would scramble for cover in a wild panic.. All of these factors would give rise to an enormous buying surge. The expression 'the law is an ass' could be turned towards the Elliot Wave Theory - 'the Elliot Wave Theory can be an ass' That funny posting about Elliot and his clouds theory may have been made in jest, but it seems to be a pretty good metaphor for the theory itself - you think you see a particular cloud and then you realise that it has completely changed shape - so where are you?. Prechter seem to be one of the main practitioners just now - he has a habit of popping up like a jack in the box. E