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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (101729)	5/12/2001 11:59:00 AM
From: B.REVERE	Read Replies (4) \| Respond to of 436258

Pissanni is a true pimp. The gold sector has outperformed every sector since Nov. 2000 but they put up five year charts to downplay the move. Typical b/s coming from the paid off media. Watch the BOE fudge the auction support numbers on tuesday like they did the last one. Can't believe the brits are letting their leaders sell their wealth down the drain. Later,

To: John Pitera who wrote (101729)	5/12/2001 2:13:25 PM
From: At_The_Ask	Read Replies (3) \| Respond to of 436258

See my earlier post about inflation beginning to assert itself. Bonds are anticipating higher interest rates. Look at a weekly chart of the ^xau and the ^hui. Gold production continues to lag demand. Miners have been cutting production due to low prices. Lost production capacity cannot be brought back online overnight. A perfect example of this is the current energy crisis. The central banks of the world will not sell all of their reserves. So the supply demand balance will undergo a sudden shift at some point.The Euro will lessen the demand for the US Dollar, combined with the massive expansion of money supply already in progress creating a glut of dollars. Supply and demand applies even to the clownbuck. And like Greenie says when a bubble burts its very sudden and dramatic, everyone heads for the exits at the same time. Gold is a great exit from a falling currency. My honest opinion is if you buy the dips on Gold stocks you will do well. If we are lucky there might actually be another dip. And the most important thing to remember is that if Pissanti new anything he would be a trader instead of a reporter. Disclaimer: I am not a trained investment advisor. In fact I am actually quite stupid. For anyone to base investment decisions on my opinion without doing their own research would be completely asinine. If you believe what you read in investment message boards and do not do further research before investing you deserve to lose your money. If you believe what you see in the financial media and do not do further research before investing you probably will lose your money. There are many people more experinced, more knowledgeable, and probably a heck of a lot smarter than you in the markets. The majority of investors lose money to these people.If you are not smart enough to understand basic economic principles, read and understand complex financial statements, and know bullshit when you see it: you should limit your investments to FDIC insured Certificates of deposit.