Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: SliderOnTheBlack who wrote (7625)	2/9/2003 10:10:07 PM
From: jrhana	Read Replies (2) of 39344

Slider I understand your feeling that one should play the upswings in various fields some which are commodity related. For many years this in essence has met playing the equivalent of bear market rallies; of course these rallies are evanescent and should be sold. Many of his here however are of the opinion that the POG has begun a major secular bull market. The technical nature of the mining stocks' charts at least to me has much less importance. The stocks will follow the POG higher. I believe that indeed the Asians will continue buying gold and that the dollar will continue weakening.I think the shorts are out their covering and adding fuel to the smoldering fire. In this scenario, to me it makes sense to remain invested in miners. This rather mild correction in the miners will soon be over IMHO. Some miners have actually continued to advance: finance.yahoo.com finance.yahoo.com As you said. time will tell.

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