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

To: donald martin who wrote (33259)	5/6/1999 9:18:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 116762

<<A person could suggest that the commodity is over hanging the market, yet until production is under way, it's just a reserve.>> >True. But don't speculators takes reserves into consideration when making decisions to commit to a commodity? Can't argue there. Speculators do, but do investors? Since INCO dropped to 1/2 the Diamond Fields days, shouldn't we all buy more? <<There aint enough gold to hedge with.>> >Another reason I'm long term positive. :) Nothing wrong about being LONG TERM positive. I'm a speculator, long term for me is 9 months. I grow bored after 3 months. Gold will climb again someday, as the US Dollar will fall. Question is, is it now? You say yes, I'm not positive it is. But I do know when I'm not sure, to stay out of the Gold market. So GO GOLD GO {Honest, really}. I prefer over valuation to under valuation. My opinion GOLD is over valued now, BUT that doesn't mean that the US Dollar won't correct/fall or that the Euro won't climb {Like all week} PS: I believe sector rotation can lead to two things: 1) A dramtic increase in markets 2) A dramtic fall in markets I don't fell confortable with the Yields on the 30 yr. {Hey, I suspect it would be close to death by now}