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Gold/Mining/Energy : Cardero Resources (CDU.V) -- Ignore unavailable to you. Want to Upgrade?


To: techguerrilla who wrote (189)8/19/2003 9:54:13 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 217
 
As for silver, if it closes clearly above the $5.10-$5.20 area, it could rise to near the $6.50-$7.00 level. Gold shares are already very bullish. But if the XAU gold share index closes and stays above 88, a major six year bottom will be complete and they could then soar with the XAU eventually rising to the 160 area. This alone is exciting because if the C rise performs as it consistently has over the decades, a clear breakout for the gold shares could happen at any time.

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