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To: yard_man who wrote (235663)4/15/2003 2:01:15 PM
From: ild  Read Replies (2) | Respond to of 436258
 
There is an obvious divergence between POG and gold stocks. I have lots of golds, but am not very optimistic. Investment demand didn't materialize in 2002 despite USD losing value. Also commercials have not covered their gold short despite gold almost touching $320. I do not expect sharp uptrend in POG and shares. There is a lot of hot air under most gold stocks and strong SoAf Rand is very negative for SoAf golds. quotes.ino.com
DROOY is up 2c. Short it and buy FNM. You'll be glad you did. -g/ng-