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Pastimes : A Jackass, his PAL(indrome), and GOLD

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To: Jim Willie CB who wrote (986)3/11/2003 2:31:25 PM
From: Crimson Ghost  Read Replies (2) of 1210
 
The weakness in gold and energy shares are not anomalies IMHO. They reflect expectations that both gold and energy prices are headed for sharp declines.

A major and sustained rally in gold shares is out of the question until POG takes a big hit. Once that happens the bull market in both bullion and the shares can resume IMHO.
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