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

To: jtech who wrote (19638)	9/30/2002 9:59:08 AM
From: c.hinton	Respond to of 36161

"the biggest crooks WILL BE gold companies."The fact that you use the future tense leads me to assume that you expect the same speculative excess as we have witnessed in other sectors to plague the gold miners.That is no reason not to hold gold stocks in the run up.Just remember that phrase so often repeated here by Slider"Pigs get fat,hogs get...........

To: jtech who wrote (19638)	9/30/2002 10:59:39 AM
From: Jim Willie CB	Respond to of 36161

biggest crooks are already inside gold companies: Hedgers these guys sold forward to such excess that they killed 1/3rd of the gold mining firms they leased gold for sale to such extent that they can never replace it where borrowed they deceive their shareholders on a daily basis, as investors actually believe higher gold prices will translate into windfall share price gains we are not talking about fraud where properties are misrepresented, but rather crimes where an industry is being dismantled for profit, while balance sheets are totally misrepresented instead not so much debts being hidden, but underwater hedge contracts hidden undisclosed but it all leads to supply shortage but it all leads to panicky buyback covering later we are a long way away from Bre-X days when those days return, it is time to be selling shares to the naive public lined up around the block in major cities to purchase gold priced with four figures / jim

To: jtech who wrote (19638)	9/30/2002 12:22:23 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 36161

jtech ? re: what about those airlines... toe dip into the ones that will be around without govmt bailouts... the regionals; Southwest, Jet Blue etc...no one wants them, they're at historic lows... couldn't be more blood in the streets etc... You lost me on the gold vs gold stock comments ?...I own and promote owning "some" physical. Agreed on the Juno - "inverse Bond Fund" - I like TIPS as well...as the Fed must Inflate and we need to ask where all the liquidity that the Bond market is sucking up (read misallocating the Feds intended liqudity) is going to next ? It's still about valuations here... the lack of earnings and the still ludicrous multiples/valuations... and the historic amount of risk that hasn't even been addressed. Dow 5,000 - NAZ 600-700 is 50:50 in due time - imho. IMHO - patience is the most valuable currency in the world presently...