SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%Nov 19 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lorne who wrote (4909)12/29/1997 7:40:00 PM
From: goldsnow  Read Replies (1) of 116762
 
Lorne, to follow CB's and gold flow, IMO is very curbesome and
not productive. The mining people are also very tricky..
As pointed-out by other people on the thread that on one hand
Mr. Munk can talk the gold-up, and on another sell gold forward.. That
is not necessarily a contradiction, as Mr Munk has other issues at hand-outsmart the competition, snap properties on a cheap and
so on.. as long as shareholders allow..(usually major firms and banks)
However Mr. Munk has also many cards in his hand..the best indicator
that the tide has turned and that producers smell blood are impending aquisitions that would come in waves for a reason, PDG's and ABX's
would not want to come to the plate second or look silly..that is why
it is rare that seniors would jump ahead of juniors, but that would
suggest that they are so incredibly undervalued that even bears are trying to look over the fence..very bullish IMHO, more so juniors
are just about to comlete tax-selling season and many have survived
with cash on hand.. Couple of HM type of moves and January rally should begin..I agree with people not expecting major move 60-100+
until EMU clears-up or becomes so confused that would make no sense at all, not that it does now..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext