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To: goldsnow who wrote (30005)3/14/1999 2:52:00 PM
From: SwampDogg  Read Replies (3) | Respond to of 116762
 
<<...the bottom that both have clearly found...>>
Please explain...the charts and indicators that I watch do not confirm this position. Doesn't gold have to break $308 to even establish a temporary low? If $274 is broken...there is only weak support at $255 and then we are down to the $235 level. There seems to be much more risk on the downside and it looks like gold and silver have to go substantially lower in order to ignite a gold bull market. There is a small chance that we might rally to the upside for a short time due to Y2K concerns but this would only be a trading opportunity. If we rally at all won't we see more forward selling and central bank sales?



To: goldsnow who wrote (30005)3/14/1999 4:24:00 PM
From: Little Joe  Respond to of 116762
 
He may not be God, but he is richer than God.

However, I agree with your analysis re inflation.

Live long and prosper,

Little joe