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Croesus I

05/05/04 2:56 PM

#1680 RE: Tackler #1679

ROTFLMAO....

Interesting post from a very interesting poster:
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=20094466

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.