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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (503)	6/17/2002 1:22:21 PM
From: t2	Read Replies (1) \| Respond to of 89467

the gold rally is in need of a rest, and it will get it now by mid-late July, it should resume and be ABSOLUTELY ON FIRE BY AUGUST/SEPTEMBER you may still be singing some offkey tune then also Jim, I can believe that. Once any bounce on the markets is over, golds should be coming back..and I tend to think your August/September time frame is reasonable. But for now, the gains are in shorting the big cap Golds. What is interesting is that the hedgers are declining as much as the unhedged; one would think the hedgers like ABX, PDG would have held up a little better. That makes me wonder how low Gold stocks can go near term.