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Strategies & Market Trends : Strictly: Drilling II
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To: Box-By-The-Riviera™ who wrote (4043)11/15/2001 11:14:40 PM
From: Crimson Ghost  Read Replies (2) of 36161
 
I still feel Lennny Kaplan is the dude to follow on gold even though he too calls it wrong sometimes. He is LONG-TERM bullish but short-term cautious.

Long-term bullish because he expects that low interest rates and a minuscule contango will in time trigger substantial producer hedge reductions.. Short-term cautious because investment buying still has not picked up enough to offset a sharp drop in jewelry demand.
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