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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (22844)12/5/2004 10:28:55 AM
From: loantech  Read Replies (2) of 110194
 
Good post Russ I think you hit the nail on the head.

Here is something I pasted together but not nearly as well though out or as eloquent:

We got the gold price. We got the dollar fall. Only thing is is a lot of gold shares did not follow. A lot of reasons for that. 1.Stock market has rallied to give investors a good place to bet. 2.Gold stock investors are scared to death because every time their shares go up they get beat down bad. 3.It is tax selling season. 4.Gold shares are being sold and $$ put into the new GLD.5.There is a ton of money that has gone into PP's this past 6-18 months and all the houses are selling the shares down to hold the warrants or vice versus.6.There is a conspiracy.<g> 7.The shares actually lag the metal in price increases. 8.No mergers and only Linear has hit a glory hole. 9.Costs have risen for producers so their net is not as large as it may have been with lower energy prices. 10. Oil has fallen while POG has risen so people think there is no inflation to worry about so the public is not buying gold shares.

Who knows I don't.
Tom
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