To:da_cheif who wrote (15287) From: Michael Watkins Wednesday, May 5, 2004 8:49 AM Respond to of 15292
I only own gold when it goes up. I don't care if its 200 or 2000$ an ounce. The 2000$ an ounce folks might be right, might not, or might be "early" LOL and still go to their graves never having seen this come through.
Besides, oil might hit 2000$ a litre first LOL.
Anyway, the interesting statistic of this gold rally is one of longevity. Since gold last did a parabola, its only had three rallies, and those rallies were either 3 or 4 years in duration. This one is 4 years old. Will it grow to be older than a toddler or not?
Time will tell.
...You don't understand! I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am.. Marlon Brando 'On the Waterfront'.