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Strategies & Market Trends : Strictly: Drilling II

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To: Jim Willie CB who wrote (19546)9/26/2002 6:10:14 PM
From: jimsioi  Read Replies (2) of 36161
 
Jim W, on Sinclair and the bonds.

Have been following Sinclair on his belief that rates will turn back up come November. As you are likely aware he feels that such will be the fifth and last element needed to propel Gold over $350 and on and beyond. Makes sense, but doesn't fit with a interim stock market rally. One or the other is wrong. Must wait to see what develops.
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As Mr. Cole suggested, patience in this Gold bull is one precious trait needed by most
participants.....patience to wait for the most opportune time to be most aggressively exposed, I figure.....a falling dollar and falling bonds, fundamentally would certainly be it, suspect the T/As would take care of themselves in such an event.
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