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

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To: Mr. Aloha who wrote (20888)9/13/2006 11:52:49 AM
From: loantech  Read Replies (2) of 78407
 
Little pop today on MMGG. I just listened to Marc Faber's webcast:
usfunds.com

Basically he thinks the commodities bull can be extended for quite some time. Says the the rally began from extremely depressed prices so in 2006 we are just at the beginning. He did say that 40-50% corrections can be withstood and we are still in the bull.

Said agriculture commodities are still low vs industrial commodities as is gold.

He seemed to say for the average investor gold or silver bullion is one of the best ways to play the commodities bull.

Said gold could pull back to 500-550 before the next run but he seemed to convey he sees much higher prices in the not too distant future. Audio was poor anyone else listen to this?
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