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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: T-Lo Greens who wrote (94589)4/18/2003 3:13:25 PM
From: Gary H  Read Replies (1) | Respond to of 116834
 
<another war in which we will spend billions in the years afterwards trying to maintain peace>

There's a chuckle, if the US would stop starting wars, they would save those billions. ggg



To: T-Lo Greens who wrote (94589)4/18/2003 3:19:30 PM
From: Pacing The Cage  Read Replies (2) | Respond to of 116834
 
"In the short term, 1-2 months, I believe the market will capitulate."

Pardon my ignorance, but if you believe that the market is headed for a downturn, why would you be shorting gold next week? Wouldn't it be better to wait 1-2 months?

I'm conflicted about gold shares, and am currently way overweight with them.
Your last call was right on the money, and I would be much better off if I'd followed your lead.
But at the same time, Heinz is bullish on gold, and he has been amazingly accurate in the past.

My own readings show gold resuming it's uptrend, but my track record doesn't match either of yours.
I'm here to learn. Would you mind sharing your reasons for shorting at this time?



To: T-Lo Greens who wrote (94589)4/19/2003 2:00:25 PM
From: SGJ  Read Replies (1) | Respond to of 116834
 
Well hear me out Tony, I vote no. Im involved in business financing in 5 of the countries largest metro areas with feelers in a lot of other areas. I dont have to guess or wait on a terrorist attack, god forbid.
Turnaround by year end: It aint gonna happen.