The time is now. I put my money on Russ.
<<<To:ItsAllCyclical who wrote (12988)
From: russwinter Saturday, May 1, 2004 9:27 AM
View Replies (1) | Respond to of 13003
On gold, I find it very impressive that the metal today is trading at $387 after enduring a massive, and quick spec liquidation of over 100,000 contracts in just three weeks. I think that speaks to the depth of the gold market, pretty darn solid. Of course the PM stocks were routed as if POG were going to $325. This sell-off demonstrates that they should be priced for $375-$425, making this quite an opportunity to get in cheap on the next generation of mines. Am using AGI.v (they will have a Amex listing in a few months), NTO, SUF.to, MNG, RNO, CLG, GBU.to, NG, NXG |
