Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (27824)	2/12/2002 12:38:58 PM
From: Saulamanca	Respond to of 59879

AERTA Big volume increase yesterday. AERTA develops and manufactures a line of composite building materials from reclaimed plastic and wood fiber waste for certain specialized applications in the construction industry biz.yahoo.com Might get some play with the EPA`s recent decision to phase out pressure treated lumber containing arsenic which nearly all treated lumber contains.

To: TATRADER who wrote (27824)	2/12/2002 12:56:25 PM
From: Bart Hoenes	Read Replies (2) \| Respond to of 59879

Here's a golden opportunity - contest to guess the price of gold and DROOY. drd.co.za

To: TATRADER who wrote (27824)	2/12/2002 3:08:05 PM
From: FJV	Read Replies (1) \| Respond to of 59879

Mark, If you look at the hourly chart on spot gold, you'll see a well formed W bottom at about $297, which seems to have established at least short term support. I don't think we'll see Durban at $2.15-2.20 unless spot gold drops convincingly below $297 and stays there for a few days. TVX seems to have very strong support at .62 and unless either gold breaks down hard or the news from Greece becomes negative, TVX looks very solid. The quickly developing events in Japan will, IMO, give us a very good read regarding whether the dollar or gold will emerge as the global currency of choice. Within a short period of time, possibly as early as a few weeks,the debt crisis in Japan will come to a head. It has become apparent that the government will not be proactive in handling it. Japanese banks do not sufficient capital to cover the trillions of dollars of bad debt and there will be no RTC type of agency created in order to handle the necessary dissolution of insolvent banks. The government will probably have no choice but to monetize the debt. If that occurs, the yen will drop like a stone. At that point in time we will see a surge in the dollar/yen relationship and shortly thereafter we will be able to see whether or not gold has the strength to confirm a bull market. If gold doesn't wilt in the face of a surge in the dollar as a result of Japan imploding, some key economic phenomena will reveal themselves. Right now, the Japanese government and the Japanese public hold huge amounts of dollars and dollar denominated assets, such as treasury bills. After all, if you were Japanese, would you want to be holding yen or yen related assets? It is also no secret that the Japanese public has been in a gold buying frenzy for the past few months. When and if the crisis implodes and the yen collapses, we will see whether the dollar, which is the world's fiat currency of choice - or gold, the world's hard currency of choice, emerges preeminent. If Greenspan, the EU, Morgan/Chase, and all the hedged gold producers prevail, the dollar will emerge victorious at least temporarily. If Japan implodes, however, it will be the most profound financial crisis the world has seen since the 1930's. The massive off-sheet derivatives exposure will both accelerate and exacerbate the sweeping effects it will have on the world economy. Factor in that the U.S. has become the world's largest debtor nation, and we owe a huge of that debt to Japan, and it is easy to see that we will not be immune to the carnage when all those markers are called in. Yes, the dollar may surge very temporarily if the yen collapses, but when the dust finally settles, no currency based on smoke and mirrors will retain its value - not the yen, not the euro, and ultimately, not the dollar. Gold will be huge in the years to come.