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


To: Roebear who wrote (11823)5/6/2002 4:32:17 PM
From: Davy Crockett  Respond to of 36161
 
... who is "Greenie"????? <ggg>

Regards,
Peter



To: Roebear who wrote (11823)5/6/2002 4:35:07 PM
From: Frank Pembleton  Respond to of 36161
 
Roebear... I agree... From what we've learned from last weeks dollar swoon is that gold is simply another currency, like the euro and the yen.

Regards
Frank P.



To: Roebear who wrote (11823)5/7/2002 12:21:06 AM
From: terry richardson  Read Replies (1) | Respond to of 36161
 
Roebear:

I don't think that the potential terrorist attacks are responsible for more than keeping the pot on simmer, so to speak, I think its more the general situation in the Middle East Palesitne/Israel etc. I Wouldn't be surprised if there wasn't some buying to support the future gold dinar either which might be responsible in part for the floor under the POG.

I was surprised by the lukewarm reaction gold had following 9/11, really surprised. I personally believe that gold is one of the few hedges against the dollar if your living in the USD area, which I am, (Can't off hand think of what the others might be though since other currencies will probably devalue in sympathy to try to keep their edge)

Surprised also by silver stocks today, thought they might have tagged along (have PAAS and looking at SIL). Was looking hard at SEI after someone here mentioned seismic stocks recently and it matched my own thinking, but after todays plunge pulled back my horns like a scalded cat.

Regards

T.