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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (6490)	5/9/1999 10:52:00 AM
From: Tim Davies	Read Replies (1) \| Respond to of 57584

are those 5 banks the net buyers of gold right now.. and are they setting up a huge long run on gold .. but getting in cheap and covering the shorts etc.. tim

To: Rande Is who wrote (6490)	5/9/1999 11:50:00 AM
From: Kevin Shea	Read Replies (1) \| Respond to of 57584

Rande:GOLD... One reason for my following gold is that there are a number of "old wags" that are supporting the move to a new bull market in gold, along with oils and a return to higher levels of inflation. These old wags do seem to have influence that can be seen in price movements....A local Boston paper had an article regarding "Is the real estate boom topping out". When other industries (?), begin to examine tops and bottoms, it seems to me that we aren't too far from it. Another, in my view, is that Y2K fears are still not completely played out, and it is difficult to judge how it will work out globally...banks are girding for a run on paper money, so it is logical to expect other runs as well..y2K may be the fuel to propel gold.. And, as William points out, it is very spooky out there. Just for debate, Consider that the bombing of the Chinese embassy WAS premeditated, and conducted to eliminate the communication and control support that China was offering Slobo. The picture showed total devistation of the building, not something that looked like a stray bomb. Now consider the ramifications of such an action from a Chinese perspective. If they prove that it was premeditated, I would suggest that they could claim it as an act of war. The current DOD "two war" planning scenario isn't too far fetched in my opinion. To round out my view of economic cycles I read a book by David Hackett Fischer (professor at Brandeis Univ)on business cycles from the 15th century to today.... What is uncanny is how the ecomony does repeat, regardless of attempts to control it... Fischer, David Hackett, 1935- The great wave : price revolutions and the rhythm of history / David Hackett Fischer. New York : Oxford University Press, 1996.