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

To: BSGrinder who wrote (9907)	4/17/2003 11:27:20 AM
From: LLCF	Respond to of 39344

Agreed, the graveyard of traders trying to divine short term movements is massive. And even celebrated 'successful' ones could possibly be the expected X sigma events. Who knows. OTOH, IMO long term markets are inefficient. DAK

To: BSGrinder who wrote (9907)	4/17/2003 2:38:45 PM
From: jrhana	Read Replies (1) \| Respond to of 39344

as my friend said what we do is just an elegant form of gambling: <the whole thing is an event/psychology driven crap-shoot, with a strong, long-term upward bias. All the factors are in place for a devaluation of the dollar and a revaluation of gold, but how we get from here to there is going to be dependent on a host of totally unpredictable short-term events and mood swings.> basically your guess is as good as mine That's it you got it exactly like it is. This is the reality, and everything else is just a lot of hocus pocus mumble jumble.