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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (34494)5/29/2003 2:09:07 AM
From: TobagoJack  Respond to of 74559
 
Hi DJ, <<the miners just dont seem to care>> ... they are for dividend collecting and for writing options against, unlike QCOM, are not meant for capital gains as yet.

Eventually miner price will have to reset to new gold price reality. Right now most folks do not believe gold's rise is for real in sustainable fashion. Need proof? Just look at the behavior of the bond, real estate and normal equity markets, and how highly they are valued.

The markets may be wrong, and that is my bet.

Chugs, Jay