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To: Mark Fowler who wrote (141046)3/28/2002 9:39:30 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Even SIL : APEX SILVER MINES (AMEX) popped up on my radar screen. Could it be Warren Buffet is buying more silver?



To: Mark Fowler who wrote (141046)3/29/2002 10:47:41 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Markus, golds recent rally is no surprise to me. How long ago were we talking about the japanese trading yen for gold?
>>But Wall Street's performance in the quarter also demonstrated investors' concerns about how the fruits of the economy's recovery will be distributed. The quarter's big winners included such stock sectors as trucking, hotels and auto parts, all of which posted double-digit gains. Meanwhile, many technology and telecommunications stock groups plunged anew, deepening 2001 losses.

In the bond market, Treasury securities fell out of favor as market interest rates began to rise, reflecting a growing belief that Federal Reserve Chairman Alan Greenspan will be tightening credit by later this year.

But higher-yielding corporate bonds, including "junk" issues, found eager buyers.

In commodities markets, gold was a surprise, rallying above $300 an ounce thanks to a surge of buying by Japanese investors worried about their nation's banking system, analysts said.

latimes.com



To: Mark Fowler who wrote (141046)3/29/2002 1:58:00 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
Do you think that gold still has some legs left even after
this huge move ?

Anindo