Precious and Base Metal Investing 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.

Gold/Mining/Energy : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Louis V. Lambrecht who wrote (11317)	5/21/2003 6:14:16 PM
From: russwinter	Read Replies (1) of 39344

I agree with every remark you've made. My hunch is that the surprise may be that bond prices break down faster than the USD, so I don't know if a big bet against the USD/or long Au, is the preferred trade. I'm just hoping for a catch-up move in the gold equities, and today looked a bit more promising. In bonds the damage may happen faster in shorter paper, and in the credit spread longer term. The commercials are especially short the Eurodollars, and 5yr TN, but are still long the 10 and 30 TB. My bullish on crude oil is shorter term, I don't have an opinion beyond a year. Exploration hasn't been intense enough to help supply through year-end, and the jury is still out on early 04.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next