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Gold/Mining/Energy : Silver prices

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To: goldsheet who wrote (6506)10/14/2003 8:50:33 PM
From: loantech  Read Replies (1) of 8010
 
Your memory is better than mine but you are younger. <g> I just found your post:
<I'm really watching base metals as a leading indicator and think Chinese copper and nickel (for steel) demand will extend base metals to much higher levels. As previously stated, I don't think precious metals will join the party until later (keeping under $400 until 2005, then moving to $750 by 2007)

Meanwhile, gold investors should just be happy gold is back to around $350 instead of always wishing for higher prices immediately. I'd like to give the gold industry a chance to generate some good cash flow for the next few years to get mothballed development projects online (from the 93-96 OVERspending on exploration) Maybe then we can have some good old fashioned greenfield exploration, area plays, and have some fun with juniors (someone is going to make lots of $$ when infrastruture is deployed in Nanavut)>

I was thinking you may have said 425-450 in 2004. Oh oh back to the drawing board. LOL. Good call on the base metals.

CBD had a barge full of equipment, fuel tanks, etc. land at Meadowbank in the past month. CBD is one I look to hit much higher prices in the not too distant future maybe even 2004. Your thoughts?
Tom
PS:On topic I have been wrong more than I can count but still don't see the 100:1 ratio gold to silver coming back.<g>
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