Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim Willie CB who wrote (9074)	11/9/2002 1:50:35 PM
From: jjkirk	Respond to of 89467

Weiss' PM guru is a guy named Larry Edelson. Taking another look at the newsletter, NEM wasn't # 1... His preferences: (1) 1 and 10 oz .999 fine gold bullion bars, preferably Johnson Matthey or Englehard hallmarks. (he gives dealers and phone numbers, naturally...referral revenue...) (2) Royal Gold (RGLD) (3) Agnico-Eagle (AEM) (4) Glamis Gold (GLG) (5) Newmont Mining (NEM) (6) Durban Deep (DROOY) His forces driving the market: (1) Mining companies unwinding hedges [just as you've said, JW] Producers contributed 255 tons of demand for gold in the first half of this year, up from 38.1 tons in the first half of 2001. (2) Investment demand in the gulf states is up over 30%...up 18% in Indonesia...up 34% in Turkey...up 74% in Japan. (3) Stock market in a long decline...on the next big leg down, money will seek safety of gold... This is all so sad...when I read Hal Lindsey in the 70's, I could not understand how so much economic devastation was possible...it is happening right before our eyes...end times ain't no joke, my friend...ciao!...jj