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Politics : Stockman Scott's Political Debate Porch
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To: Clappy who wrote (236)6/7/2002 1:33:54 PM
From: Jim Willie CB  Read Replies (4) of 89467
 
BronxBummer, you worry too much
the dollar is sucking wind in deep downtrend
unless the dollar rises toward 113, miners are safe
the dollar is caught in a massive downdraft windsheer
gold is staying comfortably away from and above #320

mining stocks typically are ahead of metal moves
let them consolidate, so why not get off the toilet?

the summer is the low season for gold
let them take their best shot
because I dont think the Gold Cartel will get another
not after summer yields to autumn and Christmas season approaches
that is the gold big up season

plenty of big profits to take in miners
but perhaps many eager newbies wanting to establish positions

I dont worry about shorterm moves
gave it up last year, far too low success rate for most players
I hope they bring down miners a little
my SEAbridge is up nicely today, to my disappointment
I wanna purchase a bunch next week

I smell a breakdown for bullion bankers
with Barrick margin calls, we have entered dangerous time
FOR THEM, not us
the Gold Cartel has tried now two salvos
both failed

is world tension slacking off?
is real rate of interest rising?
is trade gap narrowing?
has the retail investor heard nothing of gold?
has the retail buyer participated nothing in gold?
is internal word from NYC banks optimistic?

no to all
relax, try exlax

when the fundamentals are all aligned, stay the course
havent you learned anything?
the Jankees suck !!!

/ jim
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