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


To: Bill Murphy who wrote (19992)9/28/1998 4:59:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116764
 
Bill: Today's rebound in gold and gold stocks was most impressive considering the bearish reversal Friday and less bullish traders' commitments.

BTW, the fact that ex-Fed bigwig Mullins was associated with the Long Term Capital fiasco is another bullish sign for POG. I think it is Jim Grant who has said that buying gold is like shorting the Central Bank. And if a top Fed official can blunder so badly, this has got to erode confidence in the wisdom of these "masters of the universe."