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

To: nspolar who wrote (6272)	1/10/2002 5:07:40 AM
From: Roebear	Respond to of 36161

nspolar, Weather update, next cold snap may be delayed a week or two, waiting on NAO and a few others. Shame now that CPC has jumped on board, they wanted cold turn next week, I have to disagree now. Several likely scenarios have a nasty winter yet to come, drawn out and with some big storms and severe cold waves. About two weeks or a little less and we shall see. Agreed on your silver view, silver was a bit of a surprise and a change of my post 911 view was necessitated. A few weeks ago had zero silver, but could not ignore the lease rates since silver has industrial demand, began some quick buys around Christmas. Kind of furtive buying, with all the activity we had at home around the holidays, but was encouraged by my enthusiasm for SSRI. Didn't post it though at the time, had little time and not enough confidence. Some possibility that gold's lease rates may not be as predictive currently as it usually is, since the carry trade be withering on the vine. PS, forgot to thank you for sending that cold air down on time for Dec 19 turn date, ggg. Best of luck, Roebear

To: nspolar who wrote (6272)	1/10/2002 8:01:01 AM
From: kirby49	Respond to of 36161

NS: Gee, I've said over and over. Silver leads, equities follow and POG is the laggard. These increases in the stocks may not have held if we finally didn't get a jump in POG. Well it's looking good this morning as i turn on the box POG up $3.80 this morning. The disbelief and confusion is understandable. Everywhere you turn someone's telling a story about how bad it is and yet the major indices keep advancing. Everyone is wondering what's driving silver and who's responsible for the squeeze that's been happening. Now with this spike in POG they will be looking for an event as a trigger and think once that is passed it will go back down. I think it's the accumulation of all the events. As we go forward with POG and corrections occur around the world there will be calls for gold to retreat with each correction. Enron is now bankrupt and those hurt, bagholders, employees etc. have taken the hit and therefore gold will retreat. Argentina has declared bankruptcy and if they get someone to serve as president for a month that crisis will be declared over and POG will retreat. The problem is there are so many of these situations which are not yet known or will never have widely publicized coverage that it may go on and on as Heinz suggests in his K winter scenario. Regards Bob

To: nspolar who wrote (6272)	1/10/2002 8:14:02 AM
From: Frank Pembleton	Respond to of 36161

nspolar -- I've been very bullish on silver -- just ask Art B. :) I'm one of the few that think silver will lead and it's because of the broadening ME conflict. Whether it's a currency collapse in the ME or a massive military build-up here at home - silver as money or silver as a strategic metal is w-a-y undersupplied. Here's a couple of old post I've written on the subject you might not have read: Gates and consolidation: Message 16098687 silver/zinc Message 16211563 Without Logic? Message 16206525 sensitivity of the gold/silver ratio Message 16279696 Another guy on this board that thinks silver will lead gold is Claude Cormier -- I realise I haven't said the exact words, but Claude has. Regards Frank P.