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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (39085)10/2/2003 10:23:49 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Today's Report:
Just hanging out, chilling, rapping, liming, and watching.

For IT IS HAPPENING AGAIN ! I DO NOT KNOW IF I CAN WITHSTAND THE PRESSURE ANY LONGER ! My precious Lumacom is once more on the march, logging 92% of my orginal purchase cost up to this moment:

uk.finance.yahoo.com

On your ... <<I'm finally Sold on Gold ...Just waiting for 370 to get in...>>

... :0)

I am shocked and awed, and just for fun, I attach my first gold post addressed you, when gold was much less precious, and I now ask you the question that you asked me 28 months ago, namely Message 15765751 <<May 7, 2001 ... Gold? ... Why is it different now than a year ago, two or three years ago?>>

My answer to you at the time, when gold was so much cheaper, was just so ...

Message 15774373
<<May 9th, 2001
Hi Pezz, on Barbaric Gold and Savage Platinum

<<Gold? Platinum?... Why is it different now than a year ago, two or three years ago? ... Still don't see it ... Maybe someday.>>

... In short:
(a) It is industrially useless, for all material impact;
(b) The mines are shutting down;
(c) The CBs are selling;
(d) The mines are selling;
(e) The commercials are selling;
(f) The masses are selling;
(g) The existing inventory far outweigh any conceivable production; but
(h) All the selling are balanced by buying, by some folks.

I do not know, nor care, about the facts, but feel that it will be much easier to make a bullish story for gold in the future than for biotech and i.net e.com, engaged in by many, benefiting the few but early. In other words, I am positioning for the next possible mania. You know …

<<New Bull, new leaders>>

The less convoluted thinking able to be understood by more folks via a future CNBC program is best.>>


:0))))

Chugs, Jay
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