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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (1)	5/31/2001 1:37:44 AM
From: craig crawford	Read Replies (1) \| Respond to of 1643

Top Financial News Thu, 31 May 2001, 2:06pm EST S. Africa 1st-Qtr Gold Output Falls to 47-Year Low (Correct) By Antony Sguazzin S. Africa 1st-Qtr Gold Output Falls to 47-Year Low (Correct) (Corrects percentage fall in headline and second paragraph.) Johannesburg, May 30 (Bloomberg) -- South Africa's gold production fell to its lowest level since 1954 in the first quarter as prices close to a 20-year low-forced mining companies to cut back, the country's Chamber of Mines said. Gold production declined 7.9 percent in the three months ended March 31 from the same period a year before, to 3.16 million ounces, the chamber said in a report. The slide from output in the fourth quarter of 2000 was 9.4 percent. ``Downscaling at certain operations affected production,'' the industry body said. While the price of gold has almost halved since 1980, South African companies operate the deepest, and therefore most expensive, mines in the world. Aside from low prices, first quarter gold production suffered from the large number of public holidays in the period, the chamber said. Gold fell as much as 2.2 percent in London today to $268.90 an ounce.

To: craig crawford who wrote (1)	5/31/2001 9:56:51 AM
From: KatayamaGorobei	Read Replies (1) \| Respond to of 1643

Hi Craig, That guy Adam Hamilton who wrote "The Great Commodities Bull of the 00's" has a website at zealllc.com and a newsletter which is reasonably priced and pretty good from what I've read so far. Thanks for starting the thread! Ron

To: craig crawford who wrote (1)	5/31/2001 10:27:12 AM
From: John Pitera	Read Replies (2) \| Respond to of 1643

Hi Craig, A very good topic for a thread. I also believe that we'll see a shift in asset classes out of paper assets and into harder assets, such as Commodities, Real Estate, Precious Metals etc. These moves are like tectonic plate shifts so it takes quite a while for them to develop and mature. One of the trickier aspects of the next year is that most assets may go down in price, thus prompting even greater monetary stimulus, which will be so Powerful that it will get the Reinflation Leg of the Macro cycle or K Wave going. AJ Frost and Prechter's book written in the late 1970's was looking for the bottom of the K-Wave in 2002 or 2003, and I know of several others who are considering a low in this time window. Most Asset classes will have a tough time appreciating much until we reach bottom. One can even speculate that this is why the US Dollar has been so very strong and is back to the highest level in 15 years. It's reflecting the relative underperformance of holding other assets classes, currencies etc. One would expect "Cash in the Mattress" to be the best place for one's money at the nadir of the K-Wave, much as it was in July of 1932. John