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

To: TheBusDriver who wrote (7677)2/11/2003 5:32:52 PM
From: Claude Cormier  Read Replies (2) | Respond to of 39344
 
<Do you seriously think this is a bear market rally?>

No I do not think so. But it is nevertheless a possibility. Or it may be a rally part of the multi-year consolidation we have been going through since the first low at $252 in 1999. Remember, the current price of $362 is much closer to $252 than it is to the 1990 higher of $850.

The bull will be confirmed at $415.



To: TheBusDriver who wrote (7677)2/11/2003 11:12:04 PM
From: LLCF  Respond to of 39344
 
Agreed... it's clear that the time that economists had worried about for decades is apon us... the reserve currency is losing it's luster AND a 'real' recession is here as well. It just makes no sense that these two will rectify themselves any time soon in a positive way IMO. It is strange that the economy has held on for so long, but 'strange' doesn't change the situation. JTT [Just the truth :) ]

DAK


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