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

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To: RealMuLan who wrote (24320)11/4/2006 12:53:23 PM
From: TH  Read Replies (1) of 78416
 
RML,

"It beats me why so many bears are constantly so bullish on commodities<g>"

I guess you have to figure out why they are bears in the first place.

Some bears that are concerned about excessive fiscal waste (i.e. Bush the Junior and his unlimited Visa card) and monetary monkey business (aka Blackhawk Ben and his M3 slight of hand), have more than a passing interest in certain hard assets and commodities.

As for MMG, I started buying a few weeks ago in the 1.60 to 1.85 range. And I added some more yesterday. I'm a bit quick on the sell button and slow on the buy button, but I planned to hold MMG for at least 2 years. I've surprised it has popped a bit this quickly.

I'm sure you will let us know when China looks to slow. I have some friends who do a lot of business there and one has a "crane metric". As long as he can count more cranes from his hotel window each time he visits, then China is not slowing. So far the cranes have not declined.

GT
TH
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