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

To: long-gone who wrote (29742)	3/11/1999 8:04:00 AM
From: Rarebird	Respond to of 116804

What? Very Bearish Market Commentary from a Strategist at a Major Brokerage firm on Wall Street! I must be dreamin! wheatfirst.com

To: long-gone who wrote (29742)	3/12/1999 9:16:00 AM
From: Hawkmoon	Respond to of 116804

On to other things, I recall Ron (and others) claimed near total destruction(TEOTWAWKI) were there to be any meaningful rally in gold price. I don't see all the death and destruction yet..... From all the forecasts, we were led to believe a move of even $5 would be heralded by scenes unknown horror. Where are they? I want to see these abominations, and I want them now. You also have quite a knack for revisionism as well. I don't recall EVER suggesting that a small price increase in gold would disrupt the current financial system. However, I did suggest that were gold to reach $320-350+/ounce, that would certainly cause great consternation, especially given the lack of pricing power and overproduction in the economy. And if was why I suggested that any short squeeze in gold would force action on the part of the CB's to sell gold reserves to maintain equilibrium and for gold to properly reflect the current disinflationary trend. If you're going to quote me, at least get it right. Regards, Ron