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Gold/Mining/Energy : Gold Price Monitor
GDXJ 99.85+6.2%Nov 24 4:00 PM EST

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To: Hawkmoon who wrote (66278)3/20/2001 6:51:02 PM
From: SliderOnTheBlack  Read Replies (2) of 116764
 
Ron; nothing personal - but, you're an imbecile...

We're not buying bullion Ron; we're buying gold mining stocks that are highly leveraged to the price of gold... no one I know is playing the 11% bullion move & if we were it would be levered futures/options & we wouldn't be buying Kuggerands at the corner coin shop and then flippin them for the potential 11% - costs; later - roflmao ?

PS: Kudlow has been on 3 media outlets this afternoon and today on CNBC he merely reiterated what he said yesterday - and he DID say he thought we would see a $30 move in Gold - because the Fed is OBVIOUSLY liquifying the economy Ron - hello ?

Do you think Kudlow is in doubt about the Fed liquifying the economy ? - read & think about what you said.

Now you can say Kudlow is a moron and that gold won't move when the Fed liquifies & re-flates; but you can't say Kudlow didn't say that - because he did. He said the Fed must and is liquifying & reflating and when it does - we will & should see a $30+ pop in the POG - period.

... and as far as "no where, is anyone expecting, nor should they expect a major move in the price of gold " ?

... I'll be nice:

- what are you smokin ? no one can be that stupid - straight ?

Many commodities move in very broad cycles; 7 even 20 year cycles... for all the gold naysayers; please explain to me what has happened since 1998 that has permanently changed the POG environment that Gold & more importantly XAU/gold stocks will NEVER return to their normalized trading range ?

Are you telling me that the XAU will never see 72 (= a 50% pop from here), or XAU 100, or XAU 150 ever, ever again - roflmao ?

Ron; you can be bearish on gold; but have a freekin clue as to why ...sorry; if I seem rude - but, I heard the same moronic arguements about Oil 2 years ago when I was buying OSX 48 & Oil was $11 and morons like you were talking about $5 Oil & the endless supply glut...

Christ... nothing wrong with being a bear - but have a clue why you are one...
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