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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (7118)1/29/2003 12:26:21 AM
From: gold$10k  Read Replies (3) | Respond to of 39344
 
CD,

In 4 years of watching the gold stock market, I have never seen a situation like the current one resolve to the upside without more of a retracement... like to XAU 71 or at least enough to start to generate some fear. Of course, it's possible that it's different this time. I have tried to position myself to be market neutral, i.e., so that I will be equally happy if it goes up or down... that makes it easier to enjoy the show. <g>

Regards,

vt



To: Canuck Dave who wrote (7118)1/29/2003 3:46:39 AM
From: d:oug  Respond to of 39344
 
I bet Jim Willy CB could use that as an example of a nation
that incorporated a bad economic model, and once it failed,
did not allow it to crash & burn so that another and hopefully
better approach for a so called free market system could be.
finance.yahoo.com^N225&d=c&k=c1&a=v&p=s&t=my&l=off&z=m&q=l
my opinion,
unless its a rage to riches like a gold mine discovery,
any nation's economy health measured by it markets
like the usa dow & nasdaq
that takes a quick and sharp upturn
will eventually bubble itself with a similiar type downwards
and long term place the nation's health fall lower than it would
have been without the politicians and corrupt powers that be
that seeked a short term unnatural gain.
But then, any history book has this happening over and over
a.k.a. repeat mistakes of past
or, once again, its that lower 90% of populous that allows
that corrupt 1% of the top 10% to gain political power/laws.