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Strategies & Market Trends : Ride the Tiger with CD
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To: orkrious who wrote (130885)9/15/2008 7:19:36 PM
From: Claude Cormier  Read Replies (3) of 313156
 
- I think profits are going to explode

Unfortunately, that is inpossible for the next reporting period, as metals were significantly lower in the current quarter.

In the long run though, you are right on the money. Higher gold prices, lower oil prices. Higher profits. But I would not count base metals or even silver in that scenario. The global credit contraction and recession is in progress.
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