Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (11823)	5/7/2002 12:21:06 AM
From: terry richardson	Read Replies (1) of 36161

Roebear: I don't think that the potential terrorist attacks are responsible for more than keeping the pot on simmer, so to speak, I think its more the general situation in the Middle East Palesitne/Israel etc. I Wouldn't be surprised if there wasn't some buying to support the future gold dinar either which might be responsible in part for the floor under the POG. I was surprised by the lukewarm reaction gold had following 9/11, really surprised. I personally believe that gold is one of the few hedges against the dollar if your living in the USD area, which I am, (Can't off hand think of what the others might be though since other currencies will probably devalue in sympathy to try to keep their edge) Surprised also by silver stocks today, thought they might have tagged along (have PAAS and looking at SIL). Was looking hard at SEI after someone here mentioned seismic stocks recently and it matched my own thinking, but after todays plunge pulled back my horns like a scalded cat. Regards T.

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