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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (93452)8/10/2001 8:39:59 PM
From: Frank Pembleton  Read Replies (1) of 95453
 
Silvers have been lagging a bit.

I'm thinking that's good, since the spotlight is on the Fed and the talk of a 10 year recession seem to be taking a life of it's own (see Don Coxe), -- with the given example of the '29 crash -- gold will shine first. This will give us the opportunity to roll our profits from gold, to the silver (industrial/hi-tech) sector. If, (big if) gold and silver have finally become disconnected.

Chart for gold:
tfc-charts.w2d.com

I'm thinking silver has found a place within the bio-tech/hi-tech/industrial sectors and will find it's importance linked to the likes of PGM.

Chart for silver:
tfc-charts.w2d.com

Chart for palladium:
tfc-charts.w2d.com

Regards
Frank P.
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