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


To: Rarebird who wrote (75248)8/18/2001 11:55:14 AM
From: jrinvestor  Read Replies (1) | Respond to of 116753
 
Rarebird, I went to the pool at noon yesterday and also made a hard decision. Read my PM to you. JR



To: Rarebird who wrote (75248)8/18/2001 12:18:09 PM
From: Little Joe  Respond to of 116753
 
Perhaps the time frame is the issue. The commercials can move in and out quickly. Maybe they think dollar oversold and will rally briefly and positioning to take advantage of that.

I am a believer and have been for at least the last six months that a major gold bull is brewing.

Little joe



To: Rarebird who wrote (75248)8/18/2001 3:53:15 PM
From: yard_man  Read Replies (2) | Respond to of 116753
 
it's not just the buck for me -- that's important and like you, I believe it has reversed a long term trend, but is due for a correction up short-term.

What I smell is the potential for a larger general loss of confidence in financial systems -- I know this puts me on the fringe, even here, but that's OK. A couple of years ago I had a few gold stocks -- just as a hedge -- now they are my largest position -- something I never would have considered before, but that's where I am at.