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To: goldsheet who wrote (11272)6/2/2001 4:04:51 PM
From: Alan Whirlwind  Read Replies (2) | Respond to of 81528
 
Bob,

The main theme of your posts, i.e. supply/demand fundamentals in metals suggesting that deficit will disappear over a few years time, lead me to place you in the neutral to bearish camp. I certainly wouldn't put much stock in metals stocks if I believed the same.

$300 gold does not a bull make in my book. It is more a neutral outlook keeping gold pent up in a $50 trading range with $300 as the top. Heck, gold touched $298 recently.

I realize that there are some, like Searle and yourself, who see gold stocks appreciating while gold likely remains contained in that trading range. But since I am not involved in the same type of stocks, the POG remains my measure of bullishness.

Claude, on the other hand, believes gold will retest the near 250 lows and then move up to 350 in a few months time. I consider him bullish.

Don't feel bad though. So far you and Searle have pegged it right.