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

To: Michael Bidder who wrote (20785)	9/19/2003 9:31:07 PM
From: Proud Deplorable	Respond to of 39344

<<Do you see this having a negative effect on the dowjones and a spill over to PM. Or do you see mining companies with a lot of gold reserves appreciating?>> I have read Russell for years and now watch him wonder whats going on so I, of course, wouldn't know either. I think that his dow theory signal wrt the 50% retracement up is flawed because this so called recovery is a purely fabricated event as we know. There are only certain things Russell would say publicly but you can bet privately he would argue that there are many other factors involved in this than just the 50% mark which signals the end of the bear. Well, never forget that a bear market doesn't EVER really end until valuations are rock bottom and this did not happen. So in summary, IMR is going to the moon, right ? And this will cause all the PM stocks to rise dramatically. <grin> emerson