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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (19648)	6/11/2002 3:43:27 PM
From: smolejv@gmx.net	Respond to of 74559

>>metal bottom? << something out of the Midsummer night's metal dream;\?

To: Box-By-The-Riviera™ who wrote (19648)	6/11/2002 7:38:57 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Joel, <<precious metal bottom?>> There is no bottom, for unlike the boundless CDMA universe, eventually all mining companies will go out of business, either manipulated to money heaven or exhausted their reserve resources. <<buy>> I really wanted to participate in the silver side of preciousness, and so I bought:0) I will wait for more blood on gold before adding to ... you know, AU, DROOY, GFI, HGMCY, NEM, and intend to pick up some others from this list ... Message 17489059 I am guessing that I should be able to sell puts on NEM within the next few days or weeks. And this time, I will march into PM in bold and large steps, taking no prisoners, bet ... oops, I forgot, the officialdom intervention ... but, yes, in bold but perhaps smaller than previously mentioned large steps. My YTD gains resulted mostly, in the majority, from currency allocations (non-USD allocation is money at-risk for this USD denominated traveller), and the gains appear to be holding for now. A friend just had powwow with some top dog of Wall Street house, and it seems Wall Street understand that Iraq will be USWAT-ted. If so, gold and oil plays are still necessary hedges, and probably not so dangerous gambles. Chugs, Jay