SI
SI
discoversearch

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.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (930)8/30/2001 11:48:01 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Roebear. Good contrarian thinking. Tons of skepticism,

disbelief and even fear about the LT durability of the gold Bull Market. Gold threads hardly stirring, lots of negative posts about gold. And speaking of fear?!<G>

Heck even we get scared out of positions easily! And we're among the staunchest of the Bulls!

All of this is the most classic textbook kind of example you could possibly find that literally DEFINES the emotional atmosphere in the 1st phase of a new Bull Market.

The main reason I'm still 50% cash and only 37% golds is based on my comments last summer and fall about the risk of a larger than expected dip in the sector if the broad market really melts down in the weeks ahead.

Isopatch



To: Roebear who wrote (930)8/31/2001 5:00:02 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 36161
 
Barclay Leib of Sandspring Advisors who accurately predicted the last POG run to $295 now is calling for $340 on the next run.

Very few gold analysts think POG can do much in the face of the big commercial short position. I think they will soon be proved wrong.