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

To: gold$10k who wrote (7683)	2/11/2003 6:51:14 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 39344

Interesting theory, and it has its merits. Time frame might get compressed by all the hot money floating around these days and the structural imbalances in the gold market. In 1970, the US had just come off the gold standard and people weren't used to gold as a commodity. On the other hand, it's going to take a long time to deflate the market bubble and a lot of forces are working against a gold bull market. Every country who holds dollars and exports to the US (i.e. most of them) want the dollar to succeed. No crystal balls I'm afraid. CD

To: gold$10k who wrote (7683)	2/13/2003 1:50:05 PM
From: marcos	Read Replies (1) \| Respond to of 39344

These sound like plausible scenarios .... major cycles cover a long period, with many zigs and zags in them ... look at October 1987, that came well within a long bull for the general equities .... there were people at the time saying that the bull was over right there, any rallies were to be sold, japanese were going to take over the world, etc .... in 1990 too, there was some really cheap bank stock around then In the shortest of time periods too, there are lots of retracements and spindly spikes etc .... last winter and spring for instance, it was really nice to us minerals players, yet i recall my accounts taking a big rest after about the 8th of February, coming back twenty per cent or more, before the runs of May and June .... we're right now edging up to the middle roughly of the best seasonality chances of all, so it's not the end of the world to see some take a mid-day snooze -g- Gold will be bid 360 or better for sustained periods during May and June, on that i'm betting .... and that's plenty to drive interest in juniors with known resources, also considerable interest in greenfield exploration .... cheers vt, i always tune into your posts

To: gold$10k who wrote (7683)	3/12/2006 10:11:48 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 39344

Certainly possible, but in the 70's gold started around $50 and went to $250 before a sizable correction. A similar percentage gain would coincide w/$800-1000 range which seems far more plaustible before a steep correction. Also 1 year from now (or less) Bernake should be cutting again. Bad news (econ wise) will be viewed as bad news again (vs good that Bernake will go on hold). Given that the imbalances have only become worse since 2000 I don't expect good things as this unwinds.