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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Daytek77 who wrote (2616)	12/14/1998 6:13:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 81226

"This is of course when the focus gets back to why are p/e's at record levels? Do we have record earnings? No! We have low inflation and low interest rates. Does this justify current levels or market valuations? Two to three years ago the Hutch's of the world were voices in the wind. Now the gold bulls are, the tide will turn again." Lower inflation and lower interest rates are what causes the PE to be higher YES or NO? Gold bear, bugs, & bulls are terms that are thrown in the wind to justify ingnorance of the truth? I'm never a bull or a bug, let alone a bear. But you seem to think that I'm a small voice in the wind. What are you justifications for the trend to turn? "His comments only seem to be correct because the direction is right." There is a lot more going on in the back rooms with respect to derivatives, and futures than you'll ever know. Much of it is obvious to the many that take the time to read, and understand. You are like a lagging indicator. A person who makes his assumptions on the past, not the future. Friday, Aug 7 1998 6:35AM ET "The XAU is suffering from inflection point volatility, based on currency instability {YEN/CDN} now that the trend for the YEN, is more clearly deteriorating, the XAU should accelerate down to around 52-56, in the coming weeks. #reply-5436035 Summary: Gold is going down relative to the USD. OR the dollar is going up. A correction will take the Dow down 25%-55% from 9350. Just a matter of time. The longer it takes the harder it'll hit. The baby bear market started 04/20/98!" <<<< I mention a correction on the Dow WAY BACK IN APRIL.... where were you? I can still go dig that post up to, where I said the Dow would not pass 9365. I state more proof, than anyone. But I admitt that I often write up & down when it comes to bonds; in the wrong direction. So why should I share my proof?