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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (1680)7/22/2001 12:02:43 PM
From: Claude Cormier  Respond to of 4051
 
Hello Russ,

Your work is simply just great... you should complete your analysis and publish it.

The bear market in gold is most probably not over yet and I still think we gonna make a new low. But we should have one major rally before then.

The only thing that is sure is that we are approaching the bull market of all times. The two major factors that will cause this bull:

1) An excess of fiat currencies mainly USD.

2) As you are so convincingly building the case.. a physical shortage

All we need is patience... What's a few more years in a 21 year bear market -:)

CC



To: russwinter who wrote (1680)7/22/2001 1:02:54 PM
From: goldsheet  Read Replies (1) | Respond to of 4051
 
I think you are either worrying too much or hoping too much for lower production. The mining industry has a history of being most resilant. Historically, production goes up 3-5 years after gold rises and goes flat-to-very slightly down 3-5 years after gold drops. Many of the mines you mention will deplete slowly as new mines come online, so I anticipate no great variations.

goldsheetlinks.com