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

To: russwinter who wrote (18728)	8/29/2003 7:08:24 PM
From: Box-By-The-Riviera™	Respond to of 39344

depends on the metal. could go either way at this juncture, plenty of reasons all the way around for both directions. shares will tell the tale... have they started talking? <g> dollar gold price in world currencies inflation/deflation fed printing CB policies Yuan sentiment bonds equity markets take any or all

To: russwinter who wrote (18728)	8/29/2003 9:39:51 PM
From: ralfph	Read Replies (2) \| Respond to of 39344

Russ I have been around well before the inception of this thread. What you have posted is very true. BUT....... (1) are we watching for a pullback and resumption of this Bull run ? (2) The general markets are in a Bull mode. Alot of us expected the general bull to die months back, it keeps moving and should not be discounted. (3) American Election ...what usualy happens in the year before an Election ? The year after ? (4) American money printing policy- what effect does it have on PM prices. I thought gold and the American buck would run in opposite directions...this does not seem to be the case. (5) What affect will China have ? I have the feeling it has just opened one eye. What happens when it shrugs its shoulders or gets out of bed. Could China have a bull run ala Hong Kong. What affect could a run have on metals...on gold. (6) If we have another 911 it will have what impact ? I think it will have some but like the bombings in Isreal after the first one each additional occurance has less impact and after awhile it will have none. If you look at the Gold chart and draw a line at the closing lows and another at the closing highs it looks to me like we are about to hit one of those points where some sort of breakout (Down or up ) will occure. This will be in the latter part of Sept I think. This is all very hard to factor in. I agree we need to watch our asses. But many of us where in so damn early we bought in under the basement . These prices may represent the ground floor for all I know. I want to get off but at the same time why should I settle for the first floor if the elevator is going to the penthouse? The trick we are all trying to figure out is just how high does this elevator go ? Next trade is in Sept . Silly season is apon us. at least it would be if this was a normal market. regards ralfph Not elequent can not spell Up 100 % as well.

To: russwinter who wrote (18728)	8/29/2003 9:58:57 PM
From: Proud Deplorable	Read Replies (3) \| Respond to of 39344

""just discovering" gold stocks," And I would like to add something here. Before I joined here I knew you to be very experienced at this. You say that "it's not exactly like something new is a foot". I am in my mid 50s and have seen a lot also. I heartily disagree with your concern as to whether or not this bull has more Pamplonans to gore. I agree with Russell. Gold is going to 2,000.00 but who knows when. Try to remember that you are one of the most knowledgeable people as far as trading PMs but the hordes that show up in any bull market simply aren't here yet. I use my conservative dividend loving brother as an indicator. Only a few days ago he reluctantly took the plunge after reading CONSTANT proddings by Russell. He bought some coins and some CDE and Newmont. He has never taken my advice before, well I should say never asked for it until this week. So here is a person who IS exposed to this sector and reads bullish gold stuff from Russell and he only just now thinks he should get in ? I'm surprised that you would reduce in a bull that has run only 60%. I'm holding most and selling 1/2 of the odd double but am 1/3rd of worth long and waiting for the Nasdaqlike bubble which will most certainly occur, the time when all those who aren't in yet WAY overpays. I'll sell to them. I can't give you a concrete example but oftentimes I watch some of the ones on days then they are talked up here and there are many of these that trade small enough volume to confirm to me that some here are buying and selling to each other. In a real bull market there isn't enough inventory to go around and reverse gravity occurs. There aren't enough gold and silver stocks out there to meet the coming demand. It's a very samll market. Sure most of these stocks will turn out to be junk but have you been in a Wal Mart lately ? Most of what they sell is junk but look at the crowds. These are the same crowds I'm waiting to sell to. "Although I note this forum is getting more and more crowded" This is a good sign that interest is building. When this place becomes an unmanageable zoo of newbies and my brother won't take US dollars anymore and demands gold or silver in payment and everyone in America has heard of Newmont and SVL then that's when the Bull market will end. The bull market isn't born, nor does it die with this small group here. Am I wildly bullish on PMs ? Lets just say that I believe the USA is headed for disaster and thats more likely to be a fact than an opinion. Remember Franco Nevada when it went to 90.00 CDN ? Well I'm not selling until FN does it again. BTW where did they go ? ralphie the naive