SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Olaf Koch who started this subject5/16/2001 7:59:12 PM
From: SliderOnTheBlack  Read Replies (3) of 95453
 
Thank You KGC.... yowser ~

+25% ... not bad for a days work in my favorite small cap - along with GLG; butI'm not tempted to trim here... these small caps are still lagging.

I think technically that we go to XAU 72ish to complete that reverse head & shoulders move before any significant resistance, or profit taking takes its toll.

Anyone who thinks these stocks are ahead of themselves - merely pull up a 3/5 year LT chart & what you'll see on many - is a beautifull bottom just formed & the initial breakout just beginning.

KGC could easilly be a $2/$3 stock with $320+ gold.

Interesting stories were circulating about 4-5 mos ago that some of America's wealthiest investors were accumulating large amounts of physical gold & gold mining stocks - names cirulated went from Soros to the Johnson family of Fidelity Funds fwiw... and you can bet the farm that the OPEC producing countries will begin buying gold & gold stocks at this point in the Oil cycle to hedge against getting paid in "cheaper US Dollars" simultaneous to a declining price in crude . It's a small market & will move fast when Petro-dollars begin flowing in... if they allready haven't begun.

It's going to get real interesting here... NEM up nearly 10% today on triple volume - over 5 Million shares... THAT is not an insignificant event people - there's some serious accumulation going on in the gold stocks and with present gold prices - it sounds like someone knows that ole Kudlow & Forbes weren't whistling in the dark on their call for $340 gold... the Rubinites are out & Gold's back in ~

... and "someone" knows it's back in & that the manipulation game is over.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News