Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Enigma who wrote (30986)	3/31/1999 6:53:00 PM
From: sea_urchin	Read Replies (1) \| Respond to of 116763

DD : I'm not able to gauge market sentiment in terms of the numbers of bulls and bears and from that deduce an "oversold" situation. In fact, I don't think market sentiment amongst people "in the street" is of much importance in determining market action in the gold price. I consider the gold market is very professional and not subject to much emotion. My own particular views, as to the pricedness of gold, are based on a multiple linear regression analysis against a basket of currencies. I then use statistical analysis to determine an "overbought" or "oversold" situation. I do the calculation monthly. Last month POG was priced as neither too high nor too low, against the currencies. SS