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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (55539)	10/4/2001 6:25:27 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

It's not. Not yet...

To: William H Huebl who wrote (55539)	10/4/2001 6:45:59 AM
From: GROUND ZERO™	Read Replies (4) \| Respond to of 94695

I agree... gold is rising only because the dollar is weaker... the gold chart looks very different when converted to a stronger currency..... GZ

To: William H Huebl who wrote (55539)	10/6/2001 6:48:01 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Bill; I did a lot of work on the Rydex Funds recently and thought you night be interested in this . Message 16465526 ------------ BTW Gold is no longer the main "hard" currency to judge things (fiat ) by unless you are using "black gold" Crude OIL & Natural Gas are the real "hard" currency in the world today, only Natural resources that have real strategic value are worth looking at, and gold is way down the strategic list. The knee jerks in Gold are no more than a pimple on the ass of an elephant; Need to look past the headlines, as you can only find the big picture if overtime you paste what's on the back pages together. -------------- The News Media has a vested interest in hood winking the public and rewriting history. Right now Crude Oil futures are in a down trend ( that will do more to kick start things than any tax cuts or other BS the Gov does ) As Crude futures move down ( and oil is being sold forward at a lower price than the current price ) it sets up a situation that will cause OPEC members to Cheat on production levels. If you were sitting on oil and had sold contracts forward at a price below the current price..would you turn down a chance to sell some today at a better price just because some people you didn't really agree with to start with voted for a quota you thought was stupid ? --------------- If Oil Futures will stay down a recovery is built in. Keep an eye on this quotes.ino.com Now put 2+2 together..that forward price is in dollars, with contracts based on a small premium, just above interest rates. So what happens if the dollar falls ? Do not the buyers then get to pay for it with dollars that are worth less .. Do you really think that big oil won't do what it has to in order to prevent taht. ------------- Load the wagon and don't worry about the mule, we have one more big rally in this ponzi scam of a market and it's getting ready to start. ( If it hasn't already ) Piss on the drillers and oil service gang, because they would piss on you if they had the chance. Oil going to $18 or lower within a year. Jim PS let me add this, if you were a king sitting on a mountain of Gold, or Silver, ( still in the ground ) and also billions of barrels of Oil.. And you saw such political instability that you were not sure you would still be king in a year or two..would you start selling the shit out of those reserves or just try to hoard them and hope you didn't get de-throned. Jim