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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (61383)	11/27/2000 4:33:03 PM
From: long-gone	Respond to of 116759

The Bear Fact: If We're in One, It Could Be a While latimes.com

To: SliderOnTheBlack who wrote (61383)	11/28/2000 1:31:23 AM
From: Zardoz	Read Replies (1) \| Respond to of 116759

The real "Slim" made his predicition weeks ago. He said it was time to buy selective gold stocks. Sorry you missed that day. I was on the front page of Barons. Below $265 I said Gold was a buy. <"The correlation between gold and gold stocks is limited. I'd even say causal. "> - that's amusing... the correlation between the US dollar and the US equity market is limited, even casual as well. So is the XOI to the price of crude oil - if you want to be real cute about it. The correlation between the USD and the US equities is limited. That is obvious, since the US equities have not reached new highs. But the variation of the USD and the equities may not be limited. Since the change in the USD due to inflows may be diretly related to an increase in equities. BUT the XOI versus the price of oil is not limited, and is nearly a direct correlation. The largest cost of the POG is energy; but the price of oil is a fixed margin of oil. As more wells are turned on, it is limited by the amount of cost to deliver to market place. But the volume of fuel used is almost a none issue to the price recieved. take a stand for once & spell out in simpletonian english for once (an ort for the masses) - "why, what & when" - otherwise save it... Ask direct question, get direct answers: Why:"Cause the valuations of gold stocks can easily increase by 50% or more" What:"Two: PDG, ABX;;; NOT NEM" When:"Buy when you want. Should've bought 2 weeks ago, or sooner" Hutch PS: I own no GOLD stocks... I aint buying any gold stocks. And if they over shoot my target, I'll short them.