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

To: Zardoz who wrote (2712)12/18/1998 10:46:00 AM
From: Giraffe  Respond to of 81105
 
>>Would this chart of theirs not suggest that the baseline for gold could well be around $180?<<

I'm not sure you can determine anything useful from a +400 year chart.

Looking at that chart without any further information (i.e. inflation) it would be easy to conclude that maybe gold should be around $50 since that's closer to the level it's been at for most of the past 400 years.



To: Zardoz who wrote (2712)12/18/1998 12:05:00 PM
From: William JH  Read Replies (1) | Respond to of 81105
 
Hutch - I like to listen to Marty Armstrong and think he is a smart guy. I just have a problem with things like what I saw on a PEI grid for commodities a week or so ago.

While I don't remember which was which, they had short, medium, and long term predictions for gold. One was bearish, one neutral and one was bullish. I know that makes perfect sense to technicians, but it is of no value to me.

Regards, WJH


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