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


To: Zardoz who wrote (22473)10/31/1998 6:32:00 PM
From: Bobby Yellin  Read Replies (2) | Respond to of 116762
 
Happy Halloween first of all
secondly..does it really make a difference? does it really make a difference if gold is overvalued or undervalued?
If one is an excellent trader..and I assume you are one..gold looks as if it has been the best trading vehicle since the early 80's
I am not being cynical..
it would seem that when the time for gold comes, it could show the same bizarre "valuations" as an amazon.com which has nothing propriety..
it looks as if there is a concerted effort now to wipe out highly leveraged hedge funds..
also re lowering or not lowering interest rates come November..
hasn't the stock market in the USA become the "economy"..thanks to Greenspan and Rubin.. can that factor override anything?
just got sick reading about farm prices in Britain..how multinationals control 70 percent of distribution..beginning to wonder if there is eventually going to be western terrorism aimed at heads of comglomerates :-) or just more government support.. (read on the web that some pig farmers in mid west were getting checks not to produce more pigs-prices in my neck of the woods for food keep on going up..I guess it is the rent)
bobby
ps.just read your post exchange2000.com
reminds me of Animal Farm.. ie all animals are equal but some are more equal than others.. re insider trading.. insider trading is illegal but for some ..insider trading is legal if one is connected to governments :-)
ps. if that is true..why would a trader want to go against the smooth path?



To: Zardoz who wrote (22473)11/1/1998 10:32:00 AM
From: Enigma  Respond to of 116762
 
Hutch - keep us updated on your ABX short. Regards E