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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (1044)7/22/1999 1:56:00 PM
From: John Paquet  Read Replies (2) | Respond to of 1239
 
"Real money in long-term of course" This kind of argument is very much debatable.

It has much sense in one one can forecast correctly long term every thing has to be right, other wise it will become disastous and losing money making chances.

ABX is the best gold stock to own, but that GOP is very much below that $257 and IMF and ECB are still talking sell gold resevrese, there is no sign to rally, oil down OXI down CRB below that 190 before CRB was 240, and was 360 now only half of that index.

Alan Greenspan is talking about USA economy will slow down to allow tax cut so go figure.

If there is inflation I will jump the gun and buy ABX and PDG, but I would wait and watch the signal that market will send to me.

chart.stockwatch.com

chart.stockwatch.com

chart.stockwatch.com

John Paquet

ABX and PDG a bit rally yesterday as POG moved up $2.20 yesterday./