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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (22250)10/4/2006 10:27:51 AM
From: TH  Read Replies (1) of 78417
 
LT,

Great stuff. Thanks for posting that.

"This will be further complicated by the fact that the U.S. Federal Reserve Bank apparently wants to lower interest rates, just when the rest of the world is raising their rates."

Is the wacking in POG/miners a combination of hedge funds under pressure from energy trades gone bad, and some preemptive activity to get POG lower before the US dollar tanks from the first rate cuts?

I would not be surprised to see cuts in early 07.

GT
TH
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