Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: barrcuda who wrote (91498)	6/12/2001 5:46:20 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

I post good and bad, whatever news that's topical to what this thread is trading. To be honest, there is nothing right now that puts a bigger smile on my face than the PM sector. Regards Frank P.

To: barrcuda who wrote (91498)	6/13/2001 2:28:30 AM
From: energyplay	Respond to of 95453

Re: Merrill Lynch on Gold - remember they may be saying something different to their institutional and major private clients... I was at a Grant's confernce in New York in early May. Lots of Hedge fund people, contrarians, etc. Views similar to this thread in many ways. Most of these views do not get wide public distribution. Pretty obvious that more than a few of the hedgies will be long gold & gold stocks when things hit the fan. I think some were building positons since late last year. And there will still be a few funds running the gold carry trade when things hit the fan also. One person, who reveiews and tracks hedge fund performance, commented that there were a lot of dumb hedgies out there. Some time in the next three years, the views on this tread will become mainstream. We may get one heck of a recession before the reflation/devaluation. Then the question will be - Gold at $400 ,$500, or $1000 an ounce.