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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (59657)	5/1/2002 11:18:40 AM
From: AD	Respond to of 99280

DROOY still looks like a good play if you're a bear. It moves directly inversely to the mkt lately.

To: westpacific who wrote (59657)	5/1/2002 11:20:20 AM
From: t2	Respond to of 99280

Gold will be at $800 to $1200 an ounce. Folks just do not understand the amount of debt in America and a government that cannot cut spending. Look at the hearings on gasoline yesterday, these folks running our country have not one clue about economics!!! Just get us to $350 and I will be happy. A while ago small caps started rallying because they had been in a bear market for years during the tech bubble days. Now, maybe gold stocks have a lot of room to rally.

To: westpacific who wrote (59657)	5/1/2002 11:20:41 AM
From: Zeev Hed	Read Replies (5) \| Respond to of 99280

West, I don't think gold will be at anything near $800 to $1200 in the next three years. ASt that price, so many new mines will open, production will more than double and overwhelm demand. There is absolutely no shortage of gold in the ground even at $400/ounce. Since the world is awash in excess capacity, there is no danger of hyperinflation either. Zeev