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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (32506)11/19/2004 1:24:07 PM
From: jimsioi  Read Replies (2) of 39344
 
Real wake up call to money printers & sycophants like Alan G.

Well said...they ought to take note of the very positive response to this new issue though I suspect some of it is coming from the reduction in miner positions.. I suspect Alan Gs Commercial Short friends are getting just a little anxious that they can't break this market...yet. Rather suspect they'll cook up something at the G20 meeting.. Lower rates for Euroland??

With options expiration quickly approaching I suspect the $450 line will be the point they'll take another stand. Come futures first deliveries for Gold and Silver we'll see if the pressure intensifies for the big boys to do a little short covering...That'll be the day....

Interesting that the ETF has been carrying about a dollar premium since inception...
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