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


To: gold$10k who wrote (20032)9/10/2003 4:11:03 PM
From: re3  Read Replies (2) | Respond to of 39344
 
comfortable ? any thoughts on how comfortable i should be with what i bought today ? canico and teck.b

how come RGLD is not doing so well ?



To: gold$10k who wrote (20032)9/10/2003 4:16:48 PM
From: jpthoma1  Respond to of 39344
 
probably too early

Agree. But if you want to be back in that exploration play, the only interesting one that has not yet published results is the NVE/CJ drilling campaign.

They will hit something, I am sure!

JP



To: gold$10k who wrote (20032)9/10/2003 5:14:11 PM
From: jimsioi  Respond to of 39344
 
Looks like filling the gap is what happended today...

This market is supported from below and seemingly not by hot money that carries through with momentum when things get very overbought. NEM chart below shows the filling of its gap....I see this in many issues. While I did reduce exposure a little today (Still 32% PMs) the technical action is not conclusive that we've seen an intermediate top....However if tomorrow or the next day is down and down through today's lows I change that tune somewhat....
NEM, by way of example.
siliconinvestor.com

Very encouraging word about the forthcoming, now it seems, ETF for GOLD....rather though that CEF would have been down on the news....it was one of a very few issues I had up....

onward and upwards, I think the trend in PMs remains....though a pause here certainly seems to be taking place....

jims101