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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject4/7/2003 11:19:53 AM
From: SliderOnTheBlack  Read Replies (4) of 36161
 
Reuters:Gold again out of favour as war premium fades

biz.yahoo.com

...and to think; that just mere months ago...the vast majority of PermaBulls were arguing that the Gold Rally was NOT primarially due to a War Hedge.

That was concept #1 in surving/profiting this cycle in Gold....and either profiting via shorting, or cashing out and standing aside - preserving the profits made in the cycle so far...as the inevitable when, not if - bleeding out of the War Hedge Premium arrived...and arrive it has - ie:

Many key, "name" Goldstocks like RGLD, DROOY & MDG now need "doubles" just to return to former highs, sector stalwart stocks like HMY, GFI, AEM, ABX need 70%ish moves...Silver stocks like CDE & HL need "doubles" as well just to return to former highs.

tic-toc`

PS: it took the US Military less time to find WMD's (Seren, Tavin found after being led to a WMD cache by an Iraqi Colonel)- than it took Hillary Clinton to find her Records from the Rose Law Firm - VBG ~
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