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To: goldsheet who wrote (95664)7/29/2003 11:42:17 PM
From: loantech  Read Replies (1) | Respond to of 116796
 
Bob,
You have sure read the POG market right for quite some time. We may not get an event driven gold move but something is sure happening in the bond market. A pretty fast increase of 1.375% in our mortgage rates in 6 weeks. Biggest and fastest increase I have seen in the 20 years I have worked in the mortgage business. Of course as I get older my memory is worse. <ng> I guess we can wait another year or so for the "big" <g> POG rally. I almost hope it fades a bit so I can still make money on explorers and then buy some producers on the cheap. It never quite works out the way you want it to though.
Hope you are having a good summer. It has been quite hot for Oregon.
Tom



To: goldsheet who wrote (95664)7/30/2003 12:16:06 PM
From: Real Man  Respond to of 116796
 
Yep. The seasonal low is close to early days of August, or September
(if you take more recent seasonal data)

321gold.com

Perhaps, the last drop - and we get above these highs?

Silver should drop now, according to seasonals, and have a bottom
in late November, after a brief rally in September

321gold.com