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Gold Past $330.00
http://www.kitco.com ^
Posted on 12/12/2002 9:47:03 AM PST by Fyscat
Lets see how it closes.
TOPICS: Business/Economy
KEYWORDS: dollor; economy; gold
1
posted on
12/12/2002 9:47:03 AM PST
by
Fyscat
To: Fyscat; rohry; Wyatt's Torch; arete; meyer; DarkWaters; STONEWALLS; TigerLikesRooster; Ken H; ...
To: razorback-bert
I've been on the phone to goldbugs all morning.
They're ready to get excited. ;^)
Jim Sinclair is claiming the battle with the Cartel is over, and the gold bulls have won.
We'll see.
To: razorback-bert
Jim Sinclair predicted that gold would close over $330 this week...He says the shorts are finished...
4
posted on
12/12/2002 11:06:14 AM PST
by
rohry
To: rohry
"
He says the shorts are finished..."
Did he wash them :0) ?
5
posted on
12/12/2002 11:21:00 AM PST
by
cibco
To: Fyscat
This is a monumental breakout. Gold has been pushing against the $330 mark for months, failing each time. It has not closed above $330 since October 9, 1997, when it was in a bearish trend.
This is huge good news for those who own gold or gold stocks - unless they are short, of course!
6
posted on
12/12/2002 11:23:56 AM PST
by
Gritty
To: rohry
Jim Sinclair predicted that gold would close over $330 this week...He says the shorts are finished...I knew something was up. Yesterday was way too quiet and then I couldn't get a gold quote this morning. Maybe Greenspan can't fight on two fronts and just has to support the stock market instead of trying to surpress gold too. We'll see tomorrow. For today, it is great news.
Richard W.
7
posted on
12/12/2002 11:30:49 AM PST
by
arete
To: headsonpikes
They're ready to get excited. Careful! It would be prudent to merely consider the remotest possibility of getting ready to be excited. Actually BEING ready to be excited is just setting up one's goldbug self for yet another disappointment.
To: Semaphore Heathcliffe
I for one, will not allow myself to get excited about anything.
That way I never risk disappointment...
9
posted on
12/12/2002 11:48:20 AM PST
by
rohry
To: Semaphore Heathcliffe
Those have been my observations as well. ;^)
LOL! You captured the hesitancy very well!
To: Semaphore Heathcliffe
getting ready to be excited. Actually BEING ready to be excitedThe battle isn't over by any means, but today was definitely a victory for the good guys.
Richard W.
11
posted on
12/12/2002 11:57:19 AM PST
by
arete
To: rohry
Good, sound policy. Au is a harsh teacher, but the lessons learned are invaluable. Now, if we can just hurry up and get to the gold bubble phase (he said "patiently")...
To: jwh_Denver
hey man, what say you on this moderately interesting day?
To: rohry
WAHHHOOOOO!
14
posted on
12/12/2002 12:02:02 PM PST
by
Soren
To: Semaphore Heathcliffe
Yeah, let's "just hurry up and get to the gold bubble phase".
I've been waiting for some time now....;^)
To: Semaphore Heathcliffe
ORGASMIC!
To: Semaphore Heathcliffe
I'll enjoy it today but I know this war ain't over. But I think I'll brush up on "mania's" now. LOL!
To: rohry
Gold over $334 per ounce as of this morning...
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