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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Louis V. Lambrecht who wrote (25728)12/18/2003 6:37:03 PM
From: TrueScouse  Read Replies (2) of 39344
 
Louis:

<<Why wouldn't you play the PoG 6 months out, what I am doing <vbg>?>>

I've already got a big position in the gold stocks. This is my long-term gold play. I don't want to play the futures too!

<<And why not trade silver? Bullish chart, even Euro based!>>

Now that's different! I've been very lucky so far with the silver futures... long presently since $5.00. I expect it to pop to $5.95 to $6.00 and if so I'll take partial profits there. If it corrects, I'll load up again for "THE BIG ONE"! <vbg> My goal is to maintain some sort of silver futures position for the duration of the bull market -- even if it takes years.

<<FWIW, I update basic metals charts every Monday morning (when the LME prices of the Friday are known) on
lvlamb.itgo.com;

*Great* charts Louis. It's hard to find good LME stuff over here so your site is much appreciated.

Thanks,
Howy
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