Samex Mining | OTC:BB - SMXMF | Canada - V.SXG Message Board

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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

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Sep 10 5:00 PM EST

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To: Steven Fischer who wrote (375)	6/17/1999 12:40:00 AM
From: Travbfree	Read Replies (1) of 539

Buy low, sell high... Does that make Gold a buy and American $ a sell? I'm inclined to think so... the only concern (which tempers my SXG buying) is how long can the price of gold be forced down? It seems to me that the gold shorters are tightening a spring that they themselves are loading for a nasty recoil. As the demand is higher than the production, but the shorters even more abundant... we are seeing the artificially low gold price squeeze out producers... making for that much more pressure to the system as the supply drops. When gold does turn around, it may be a serious scramble as they try to cover their short selling... I would think differently about how fast gold may come back if it where not for all the shorting that has occurred in this market, but as we know people are prone to panic when it comes to losing money...I think gold will come up fast when it does turn around and SXG has got to be the least expensive ticket to the party.

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