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


To: Enigma who wrote (25384)1/4/1999 3:18:00 PM
From: Zardoz  Read Replies (1) | Respond to of 116856
 
"for you to sit here and say "As it's over valued" is a little presumptious - as well as being in the wrong tense. Do you mean it's over valued now, or WILL be over valued in the future. If it has momentum, many will feel that it is undervalued - even at $386. Your comments show that you are as ever prepared to pre- judge the issue - thus dashing any hopes we may have for witnessing Hutch the roaring bull! E "

Well you are right in that I can't judge the future, till it gets here. But you can't judge anything, since you don't have a basis for any investment. My comments are based on the here, and now. Not X years from now. Your time frame is never.

Gold is overvalued NOW, tomorrow, and next week, unless it falls to $275, before FEB 28/99, Unless the US Dollar falls MUCH more then where it is.