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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: ahhaha who wrote (107)4/16/1999 12:29:00 AM
From: ahhaha  Read Replies (1) of 587
 
Sure looks like a mighty great buy.

Check out copper. Gapped out creating a two month island reversal while Phelps shuts mines and whines about how much government support they need.

Check out those grains. Beautiful double bottoms.

The news told us all about the weakness in currencies, but they didn't say anything about the yen, $A, $C. They are inflating economies so they deserve some respect. That must mean Europe is still relatively deflating, so they will have to cut again. Beggar-thy-neighbor interest rate cuts. Out inflate they neighbor to wealth creating prosperity. In the final analysis the FED will have to show them who's boss when it comes to that game. Can't let those amateurs put the deflation on us.

The selling in European currencies(notice I didn't say Euro since that degenerate creation has all the lasting ability as the vanishing act called, Sowiet Yoonyun) was the last gasp of the socialists pulling the IMF strings for no purpose at all except to perpetuate junket parties. Even the Germans wanted to get in on that action. Beautiful bottoms everywhere.
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