Caussa Capital (formerly Antares) T.CAU Message Board

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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: john who wrote (2546)	2/5/1998 1:18:00 AM
From: bill718	Read Replies (2) of 4718

I could live with $5 by March John. Now for some info on metals.. 3 big dealers in the metals, (2 in NY and 1 in Calif.) had this to say about gold today: They are seeing massive sales--people buying, heavy. It takes 2-3 weeks for them to ship to dealers at wholesale. There is no inventory of gold bullion coins left. They all agree now is the time to buy gold, at 18 year lows, and sell silver, now at a 10 year high. (** but I beg to differ... Warren Buffet is no idiot. Why would he stockpile silver if he didn't expect to make a killing on it). None of them can make any sense of the metals markets, but did point out how the Tiger fund has held platinum and palladium up for quite some time now, so silver may have a quick up run. They all expect the MOTHER of all runs when gold starts to gain momentum.

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