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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (61638)6/14/2002 4:49:18 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 100058
 
Geez! Back on line after a clear re-install of my XP and 130 messages to go.

No particular price levels on the shares.
My roadmap still says:
- gold to price 350-400 and calls for problems at some bullion banks and for speculative shorts.
- possible Fed or SEC intervention at those levels and possible harsh correction in the PoG and for the miners.

- last week could have been the expected correction, giving the hedgers a last chance to square their books.
In this case, PoG would be left to the market.

In the meantime I stay invested in first tier stocks.
While PoG would rise, I would unload those. To be traded for explorers.
Quietly also trading for metal certificates (CEF).
Once mining stocks would explode, you would have better returns on the pure metals. IMHO.
BWTHDIK