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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (2642)5/18/2001 11:00:35 PM
From: MrsNose  Read Replies (1) | Respond to of 11802
 
Funny to wander around SI this evening...the gold bugs are coming out of the woodwork in droves. I know I'm a gold bug, and maybe all of us are, at least a bit.



To: Rocket Red who wrote (2642)5/19/2001 8:47:30 AM
From: originunknown  Read Replies (1) | Respond to of 11802
 
According to the Globe and Mail today, US funds out of New York were buying gold either to cover shorts, as you indicated earlier, or to take a long position. Gold price has broken 45 and 60 day moving averages which makes this very bullish for technical analysts who advise mutual funds on entry and exit points.

Self-perpetuating circle.........?

Monday will tell the tale of this continuing saga.
ou



To: Rocket Red who wrote (2642)5/19/2001 1:17:20 PM
From: Al Collard  Read Replies (2) | Respond to of 11802
 
Gold soars in classic investment 'squeeze'


globeandmail.com