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Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?


To: Bill Murphy who wrote (2150)10/2/1998 12:27:00 AM
From: John Paquet  Read Replies (3) | Respond to of 2505
 
Hey Bill;Yes, gold December contract walked through that $300.00 the big barrier without any difficulty. However; it really took that Dow 2 days in a row of that down 237 points and 210 points yesterday and today. Also it took that US dollar to hit new low as dollar index hit 9504, today plus Dow Transport index to crack and hit new low.

If that Dow theory is correct, today is the day that Dow Transport index cracked that 2616 and hit new low. Technically speaking, and according to the Dow theory Dow should go down to 7400 and much lower. This will confirm that equity market bull market for this cycle [since 1985] is completed. Gold and commodity up trend cycle will gradually building up; considering so serious in deflation picture in Asian, Russia, and Latin America. This deflation fears prompt global central bankers to ease monetary policy, in fact, this global easing is the contributing factor to this inflation cycle. For sure you will be right gold $600 within 3 years.

Clinton's press secretary Mr. Mike Mccurry steped down today> I remember his last comment in the press conference is His boss Clinton has misled him and he has misled to the public. Maybe be that is why he resigned.

I could never understand Why Clinton has confessed he has sinned but his legal team and his strategist like Carvile still attacking the Congress and Mr. Starr. I see this is a no-win situation. If one confessed one's wrong doing, one is begging for forgivess not fighting legally or strategically. It is a dead and wrong case. This is really an interesting time to make good US$$$$$$$$$$$$$$.

Regards,

John...