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| Red Alert Q Tips |
|
Quarterly Quandary Quips |
| Gold and Silver Stocks 9 16 5 |
| The acceleration to XAU 110 this morning is extreme |
| which makes me feel that the best prices |
| may be seen in the first few hours and profit taking later. |
| Spot gold is flying, too. |
| I try to sell into strength and buy on weakness. |
| Selling when others are, forces the price lower quickly. |
| I have been trading the gold and silver stocks for my account. |
| On September 5th the update read: |
| The XAU has a chance to surge to 110. |
| That is the short and long term critical point. |
| On August 31st; I advised a client regarding his gold and silver stocks: |
| Today showed a very broad rebound in much of the gold and silver sector |
| reflecting the oversold situation and positive fundamentals. |
| The gold rally fizzled in early 1996 |
| when economic growth exploded |
| and the stock market surged |
| helping the deficit shrink and then turn to a surplus. |
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