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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: mimur who wrote (3940)10/20/2004 8:33:30 AM
From: Michael Bidder  Read Replies (1) of 4051
 
Connection to gold and silver stocks.

One can not attempt to understand Macro Economics unless one understands the basic forces that influence the world markets. Like understanding pressure and temperature theory when forecasting the weather.

The POG and the Strength of the US $ is very much influenced buy the long term growth or stagnation of Nations.

1) Will Asia continue to grow?
2) Will the IMF try to enslave these nations? (I think not)
2) Will terrorism prevail?

What are the real reasons for the Rise in Fundamental Islam and will that affect the rise in the POG? One must approach these questions with an underlying worldliness that sees the truth behind the lies. We all need an awakening, an opening of our inner eye!

My predictions over next 5 years:

* I think that the Asian Economies fast growth and the industrialization of the world will continue at approximately 6-12%
* So will the economic wealth of the first world at approximately 3-4%
* This will all have a positive affect on Commodities in the near term. < 5 years.
* Gold will not go up much. Between 400$ and $500 over the next 5 years.
* Silver will stay under $10 (I hope not)
* Copper Lead etc. will stay moderately strong and weaken as more supply comes on the market.
* Steel will continue to spike and then fall dramatically as demand is more volatile than supply.

All this has a lot to do with Abortion, Liberalism, Democrats, Republicans, Islam etc. It' is all interrelated. One must understand it all then step back and see the big picture. It is all telling one basic story. Mans insatiable thirst for more.

Mimur don’t worry hold your good positions and your money will grow but will your personal wealth (satisfaction) grow? That is up to you.

michael
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