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: Zardoz who wrote (32509)	4/26/1999 2:00:00 AM
From: Gary H	Read Replies (1) \| Respond to of 116762

Hutch, speaking of decisionpoit, have a look at decisionpoint.com and Carl Swenson's forcast for the Dow. Looking at the 9 month low cycle, which is next due around July 9th, and his statement that the top may be in, (if this proves to be true)do you not think that this continuation could continue as the market drops, then the dollar drops and people seek safe harbor, they will move (to some degree) to gold. May not take us to the moon, but an apreaciable increase?

To: Zardoz who wrote (32509)	4/26/1999 2:30:00 PM
From: sea_urchin	Respond to of 116762

Hutch : I know the gold fundamentals are problematic, that's why I put in the pro viso "if you didn't know this was the XAU". XAU graph did look very constructive with penetration of the resistance line and the 200-day moving average. Normally, those are good reasons to buy. But, knowing the US dollar is strong, getting stronger, how can I recommend it?! Not easily, specially now that the stochastics have crossed --- 38.186.148.52 Re XOI, looks like it's "blown off". I wouldn't be a buyer. PS. If you play your cards right, I could recommend you as a guru. But, deary me, you screwed up badly with that myth about gold doing best in times of deflation. Where did you read that --- at Kitco? Or GoldEagle?