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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Gary H who wrote (16606)12/19/2002 6:52:18 AM
From: sea_urchin  Respond to of 81939
 
Thanks Gary.

I can see Russell is also interested in why the movement in the gold stocks has been attenuated compared to that in the metal. I like some of his expressions:

>>>"Brokers never make real money in a bull market because they never believe their own bull shit." (As far as I am concerned, he could change "brokers" to "experts".)

Gold is rising, rising, but many "gold-bugs", probably most gold-bugs, don't believe their own BS. They don't really believe this is building a big bull market in gold. They simply don't believe it, and the gold stocks are acting that way.

Question -- Where does gold have to go before the gold shares "believe it?"

Answer -- I don't know -- gold at 350, 370, 390, over 400? I don't know, but sooner or later they will believe it. Although it seems like it will be "later." <<<