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


To: ItsAllCyclical who wrote (26035)1/19/2003 10:39:34 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 36161
 
way too much thinking going on about gold lately

as long as Fed Monetization efforts continue unabated,
as long as CRB index presses onward
as long as Iraqi situation remains in endless limbo
as long as shorterm Trez rates suck below CPI level
as long as US trade gap continues to gape
as long as federal deficits escalate
as long as the USDollar slides lower
as long as gold miners continue to cover massive hedges
as long as China enjoys growing trade surpluses
as long as Arabs hate the USA and its financial hegemony

GOLD WILL NOT CORRECT SEVERELY
AND WILL CONTINUE A GRADUAL SLOW RISE

my only concern is the big shorterm EURO gains recently,
which portend some profitaking and dollar bumpups
but nothing significant
sit back, relax, hibernate thru this typically chilly winter
by spring/summer, gold will be pressing against $400 easily
since none of the above items will have been resolved
none, not a one, nada, rien

welcome to the USDollar Decline Vicious Circle
its strength, power, and momentum will be ASTOUNDING !!!

/ jim