Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: russwinter who wrote (11277)	5/21/2003 1:26:42 PM
From: loantech	Respond to of 39344

Russ, I am hoping that this rise, some good drill holes or industry news gives us the lift we need. It will come. We may get a correction time will tell. But possible as a lot of miners have not risen much with gold's run they may not sell of when gold does a short term correction. Tom

To: russwinter who wrote (11277)	5/21/2003 1:42:24 PM
From: jrhana	Read Replies (1) \| Respond to of 39344

I am just very simple minded here but I see a clear pattern: the dollar is tanking here without the slightest sign of a respite; all calls for an imminent dolar bounce have been wrong for days (weeks?) now.The Japanese are maybe tired of their loser's game of supporting the dollar Message 18962184 Message 18962671 POG is following the dollar and stocks are following the POG. This leads BTW to great day trading opportunities (spoken by the world's worst day trader) If the above (new and bullish for POG IMO pattern continues) on days when POG is moving and stocks are lagging buy the stocks and they will play catch up It has been happening the past some days more often than not. I have even made a little spare change <g> Silver IMVHO is just resting after using a lot of energy carrying gold for some months now POS will recuperate and play catchup Above free advice from someone who is generally either very right or often very wrong. This pattern will change

To: russwinter who wrote (11277)	5/21/2003 2:02:56 PM
From: grusum	Respond to of 39344

as a matter of fact, it looks like the strength of gold today is being used to exit many juniors. i've been in the junior golds for a long time and this is as weird a market as i have seen. the last time gold went to $380 i could attribute the failure of the junior golds to rise, to the war fears and how the war outcome would affect the markets. But not this time. Now gold appears to be rising due to economic realities. I'm very surprised that it hasn't taken the gold stocks with it.

To: russwinter who wrote (11277)	5/21/2003 2:26:46 PM
From: Silver Super Bull	Read Replies (3) \| Respond to of 39344

RW, RE: "And what happens when we correct (which I feel is increasingly likely)?" I thought going into today that a gold price pause or small consolidation would occur before breaking 370. I'm now thinking, after seeing this gold action, that maybe it is telling us there is something going on in the economic landscape that is not abundantly clear? Several bizarre things seem to be going on at once in these markets. The bond market is especially puzzling to me right now. It is either in a substantial blow-off or there must be a lot of money foreseeing some substantial deflation. Do you have any update on your opinion as to the timing of a possible 10-sigma event (RE: post 9481)? DB