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


To: Gary H who wrote (71579)6/12/2001 10:48:47 PM
From: Alex  Respond to of 116790
 
Anyone get a chance to see John Embry (Houdini)today on ROBtv. He's extremely bullish on gold now. When asked his target he said that when gold passes through $300 it will do so easily and not look back. It will move much higher. He also said (and this surprised me) that this is a struggle between the cartel trying to keep the pog down and market forces. Gold will win out. He also advised to begin moving from seniors and intermediates to juniors for more leverage. He does not own any heavily hedged producers like ABX or the Aussie golds. This guy knows his stuff so ignore his advice at your own risk :-).