To: ExSoldier
Yes, gold is down $3 from a couple days ago, but is turning around from its current retreat.
As regard to $850, I can't see it going that high. I was reading that Gold usually follows global inflation ( I'm not totally sure about this, though). Gold also seem to track opposite the stock market. Pretcher (www.elliotwave.com) says that gold may move a little higher and then turn around. I trust him more then the CNBCs and the like.
200 posted on
11/03/2004 5:47:13 PM PST by
tmp02
(Don't come to the US. We too are dipping our bullets in pig's blood)
To: tmp02
I believe the top of gold with in the last 3 years is around $430 to $435, to $425 is not far from the peak.
201 posted on
11/03/2004 5:48:53 PM PST by
tmp02
(Don't come to the US. We too are dipping our bullets in pig's blood)
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