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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (5259)8/31/2003 6:03:18 AM
From: lbs1989  Respond to of 5423
 
Dear Little Joe,

Thank you for the excellent analysis. This is not my specialty but what you say makes sense!

Best regards



To: Little Joe who wrote (5259)8/31/2003 5:25:20 PM
From: NOW  Read Replies (1) | Respond to of 5423
 
Richard Russel has been a rather conservative fellow. Intersting to see him rec upping gold longs to 30% here....



To: Little Joe who wrote (5259)9/1/2003 4:11:54 AM
From: ig  Read Replies (1) | Respond to of 5423
 
Sold my NEM Friday (bought it in March for 25), hoping to buy it back at 32.

ig



To: Little Joe who wrote (5259)9/2/2003 9:07:23 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 5423
 
despite USDollar rise, gold continues
and the Canadian$ hangs on strongly

something has to give, the dollar or gold
my guess is the dollar gives it up

here is a twist in thinking
gold might be running, given its double-edged nature

if the recovery happens, then some measure of price inflation might take root
it would be confined largely to commodities, esp energy

if the recovery fails, then some measure of flight into safe havens
and since bonds have seen their bubble pinpricked, gold is a better bet

the world is being duped into believing the US Economy recovery story
GDP is flat, at best, adjusting out defense spending
amazing how often foreigners can be conned out of their money
I find the easiest to fool are foreigners who live inside the USA
they just cannot come to grips with the level of corruption, which extends into govt economic data reporting
I keep hearing from them "the USGovt would not do that"

/ jim