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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Swami who wrote (56800)	9/4/2002 11:06:28 AM
From: the Chief	Read Replies (1) \| Respond to of 62348

you could be right Swami.....but you could be wrong.....dats what makes us weiners or losers...ya place yer bets ya takes yer chances. I only mentioned that I was in Gold up to my armpits because I did (over 1.5 yrs ago) rib Eva for being a gold bug, so wanted to give her opportunity to rib me back. Sept 11 is either a single event or single non-event, it will not change my mind in the medium term. I am not "hoping" for a catastrophie, in fact my bet is that things will emminate from our little Japanese friends...not from our Middle East enemies.

To: Swami who wrote (56800)	9/4/2002 11:06:52 AM
From: Canuck Dave	Read Replies (1) \| Respond to of 62348

I've come to the conclusion that predicting the price of gold is a futile exercise. I've been following gold and silver for nearly 3 years now, and I thought there was no way they could go lower in 2000 or 2001 given the economic fundamentals. Problem is, precious metals are so entwined in the political process (in fact, it could be said they are part and parcel of it), that governments are willing to have a less than orderly market in order to achieve some short term goals (like getting the Republican Congress re-elected). Go to some of the gold sites. I bet some of them are predicting an explosive move up come September 11. Then again, they could do NOTHING. I've come to the conclusion you have to respond to, not predict, the price moves. Just my opinion. CD