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

To: long-gone who wrote (32727)	4/28/1999 4:01:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 116759

RE:"What happened?" I'm sure you are aware of the herd mentality. These experts read this stuff so much they actually start to regurgitate it. Have they ever stopped to think how many gold mines would be open at $30-$70 ounce. Heck no. Just to protect yourself it's probably best to trade, even if it's only on the upside. The XAU, driven by emotion will always surge and fall back (or up depending on the trend). Jim

To: long-gone who wrote (32727)	4/29/1999 12:24:00 AM
From: Peter Neidhardt	Read Replies (1) \| Respond to of 116759

<<< OK, next question, Remember just a few of months ago? every "investment advisor" of any "worth" stated that gold was in a non-reversible down-trend which would end with a POG of $30-70. You remember just a "monetary relic". "More supply than the world would ever again need". I called severalon radio talk shows they told me at POG $274it would never again move up & every dollar in gold or it's producers was "dead or wasted money". >>> Even better Richard, 4 months ago analysts and "experts" were saying that the energy sector was going nowhere in 1999. Oil stocks were to be the laggards of the market. Look where the price of oil is and the energy stocks now!!! Goes to show you how sentiment can change literally overnight! Pete