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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: RealMuLan who wrote (24353)11/4/2006 3:08:19 PM
From: TH   of 78416
 
RML,

Thanks for the update on the "China crane metric". I have not seen my one buddy since a wedding in the spring (he lives in China probably 7-8 months a year), so I will have to call him up and see if he has noticed the reduction in activity.

As for a slowdown in commodities, I do think that is very possible. Like you posted, the 08 Olympics are still a short term driver, but if we get a global recession, all bets are off for long commodities. Gold, well I'm a gold bull (as opposed to a gold bug <g>). I see no compelling reason to think that gold will not earn above average returns for many more years. Bush the Junior has two years left on his unlimited Visa card and the American debt issue will not be resolved anytime soon, if ever. I loaded up on bullion in late 2003 and early 2004 and am very pleased to pay the cost to just keep holding it for a long, long time.

MMG at 22.74? That sounds great, but I do not have the expertise to offer anything regarding the validity of this projection.

Thanks
TH
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