Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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From: koan	5/5/2006 3:19:38 AM
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We will have no major mining stock correction without a metals correction. Not posible. And as there is a long term inverse correlation with the dollar and all metals the dollar is the variable to watch. So the dollar will decide the fate of the metals and China selling foreign exchange dollars (2 illion a day)and twin deficits will decide the fate of the dollar. And feds avoiding deflation. Then there is the asian demand factor which is the super cycle variable. That is sort of Kaisers super cycle thesis. Yes we are having a battle with cyclical bears and structural bulls. But Kaiser thinks in the end the strucutral bulls will prevail. Silver up .23 and gold up $5 tongith and the relentless move upward in metals based on fundamentals should trump technicals. I see no top. This could be a secular chronic move, backing and filling as it goes based on fundamentals. Sure what it looks like to me. I see $850 gold before we even take a significant breather. In my opinion. Cheers, Chuck

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