On 23 Mar 2001, at 5:13, Bob wrote:
> Gold's interest rate curve for gold loans is no longer inverted.
> The one month rate is now (yesterday) lower than the 1 year rate.
> Not good for those long gold or gold mining shares.
A very good observation Bob, we are likely to retest the long term
support near $250. If $245-$250 holds over the next few months,
we will have establish major support capable of a sustained bull
market. Otherwise, $200 here we come..and this will be the final
low.
Claude
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