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: gold$10k who wrote (13692)	7/9/2003 4:45:38 PM
From: loantech	Read Replies (1) \| Respond to of 39344

vt, When you do know though, please PM me ASAP. <ggggg> tom

To: gold$10k who wrote (13692)	7/9/2003 4:52:07 PM
From: A Horse With No Name	Respond to of 39344

valutrader here is his latest posting on sinclair's site DEAR JIM: NEITHER LONDON SPOT NOR COMEX GOLD FUTURES GENERATED FIGURES NECESSARY TO VERIFY A BOTTOM TODAY WHICH I HAD EXPECTED. ALTHOUGH THE FUTURES HAVE RETURNED FOR THE TEST OF THE LOWS OF 6/27 AND 6/28, AS I THOUGHT, AUGUST DID MAKE A SLIGHTLY LOWER LOW YESTERDAY (BY $.80) AND THEN DID NOT PERFORM AS REQUIRED TODAY FOR A BOTTOM VERIFICATION. AS SUCH, VERIFICATION OF A FINAL BOTTOM IS DELAYED FOR AT LEAST ONE MORE DAY AND POSSIBLY THROUGH FRIDAY. but you are right i must have read too much into that. although if he is waiting for verification in one or two days then that really means that he strongly thinks gold will bottom in those two days.

To: gold$10k who wrote (13692)	7/10/2003 9:30:17 AM
From: ItsAllCyclical	Respond to of 39344

Silver looks like it may be in the start of a breakout. stockcharts.com[h,a]daclyiay[de][pb50!b200!f][vc60][iUb14!La8,17,9]&pref=G Draw trendlines from Dec 2001 thru the lows and July 2002 thru the highs. Looks like a pendant to me. Would like to see 5+ to confirm and then a break of 5.13, but holding onto my silver positions in any event. According to basic TA this breakout may lead to prices around $6. Of course given how long silver has been basing I don't expect prices to stop there, but it would be a nice start. Here's hoping...