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To: goldsnow who wrote (32193)4/19/1999 7:01:00 PM
From: sea_urchin  Read Replies (2) | Respond to of 116768
 
Thanks, Mr Snow. I agree with you about the dollar. It's still too high (and going higher) for there to be a major run on gold.
decisionpoint.com

Still, there must be enormous profits being made on the equity market and just a bit of that, being "hedged" into gold/shares, could provide a good support base.

Re your postings, even though the yen is a bit stronger, while the Euro is going down the dollar will reign supreme.



To: goldsnow who wrote (32193)4/19/1999 7:16:00 PM
From: bill  Read Replies (1) | Respond to of 116768
 
Just watched a CBC program with a gold analyst by the name of Embry.
He says: gold oversold; lots of misinformation in the market;
gold demand is not weak, it is strong; the gap between supply and
demand is widening; the problem (heard this before on these threads?)
is short sellers and the leasing of gold (hope you read this Bill M);
the upside is significant; Swiss sales will not have a significant
impact. Made my day.


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