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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (21075)	11/21/2004 1:38:00 PM
From: tyc:>	Read Replies (1) of 312429

Are you saying, "This time it's different." ? I sincerely hope you are right and I am cautiously betting that you are right. However, I have been similarly mining-bullish each time gold reached these levels in the past. In the face of inexorable inflation, I do not advocate faith in fiat currencies. However, my point is that recent history suggests that the value of gold has shown similar debasement.....witness the mere cyclical movement of gold/C$ over the past 20+ years. If one were to rely on this 20 year experience, it would perhaps be prudent to consider this a "Sell High" opportunity.

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