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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: TrueScouse who wrote (2196)11/22/2005 9:47:42 PM
From: jennifersilversun  Read Replies (2) of 78407
 
I used to subscribe to Turk's newsletter. $500/oz gold was always just around the corner, and he declared a bottom in mining stocks somewhere around March 2005--shortly before it plunged. He's also been declaring the imminent collapse of the dollar, and utterly failed to anticipate the multi month rally in the greenback. Bob Hoye, Chip Hanlon, and Marc Faber were the only analysts I came across who accurately called the dollar's rally, whether you call it a bear market rally or respond to the interest rate differential.

So what does he say that makes his prediction of 7k/oz gold so possible. I mean, hey, I'd be happy to see it, as a goldmoney customer--whatever Turk's failings as a prognosticator, goldmoney seems to me a safe, quality product.

jennifer
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