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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: Ray Hughes who wrote (1795)10/6/1998 3:37:00 PM
From: Ron Struthers  Read Replies (2) | Respond to of 1911
 
<< I hope that gold's failure to solidly breach $300, perhaps to $325, will show gold's "true believers" that there are dark forces acting, to keep gold's volatility so low as to preclude making solid>>

Hello Ray, do you think these timed announcements for IMF, CBs etc. pondering to sell gold will continue to work??

Perhaps, their problems may soon be so big that they won't care on the price of gold. Stocks plummet, bonds crash, economies and corporations fail, Hey but we kept the price of gold from climbing.

Wow, great work

At least my gold may hold it's value, better then anything else out there but treasury bills.

Perhaps we should just write call options on our gold/gold stocks
Forget about greed and we could easily out do treasuries returns

Ron