Strictly: Drilling II Message Board

STOCKTALK

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.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Bechhoefer who wrote (23517)	12/15/2002 9:02:59 PM
From: t4texas	Read Replies (1) of 36161

well gold futures have broken the $330 barrier and moved into an upward sloping channel that could move to $350 in the next few months (or six months if you wish). i think it all hangs on the dollar and not on gold production from mines you are contemplating. until or if gold moves to $400 and stays there for a while, i think you should be more concerned with charts and the dollar up/down than future gold mine production and future gold mines opening up. (i should add that the $350 number looks ok unless gold futures move below $330 again and then back through $325. if that were to happen, you would not be worried about mining production anyway.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next