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: russwinter who wrote (30244)	8/11/2004 10:48:58 PM
From: Little Joe	Read Replies (2) of 39344

The exchange between you and Andrew has helped me to crystalize my own thinking and I find it very helpful. Being a chartist technician type of guy, I believe that when the fundamentals are obviously bullish,or for that matter bearish, but the technicals indicate otherwise it is because there is something we don't understand about the fundamentals i.e. the technicals are likely to prevail. Having said that I am not prepared to say yet that the technicals for the metals are bearish yet. I think we could easily classify the current and recent action as a normal bull market correction. That goes for gold and silver as well as the other metals. However, have you considered the possibility that the Chinese economy could just implode. From what I have read it is not a market economy. The government has been allocating resources to losing businesses and the financial stress on their system may be greater than US. If we get an economic slowdown in US it will greatly impact their markets and maybe they have economic catastrophy. I haven't seen this view discussed much on the thread and would appreciate any comments from the threadsters. Little joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next