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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (38832)9/25/2003 11:06:09 AM
From: maceng2  Read Replies (1) | Respond to of 74559
 
Fingers crossed, hoping all goes well

Message 19341677

Maybe my miners get some extra boost too -g-

Times are changing, old monetary philosophies may go in the trash can



To: TobagoJack who wrote (38832)9/25/2003 11:46:38 AM
From: pezz  Read Replies (5) | Respond to of 74559
 
Early report ; the more money I get the more cowardly I become. Sold off my SMSI @ 4 paid 3.54 (about)two days ago it wuz 4.60...

I see what look like good buys out there but.....the old shopping cart nightmare keeps me frozen ....This mkt is lookin scary so along with sales the other day I'm once again about 35% in cash.

ISEC...Remember ISEC? I've had it well over a year but it's up like gangebusters ( today about 35% of what I paid for it) the last 3 days and keepin me inna black ..Despite NOOF's dismal performance.

<<why don't you bid up CWLC so I can get out in good form ;0)>>

Sounds lika plan to me...You take a deep breath an hold it while I put in my bids. 8^)



To: TobagoJack who wrote (38832)9/25/2003 12:59:23 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 74559
 
a view on gold and crude oil

yesterday's OPEC production cut announcement has many rings to it
they may expect Iraqi production finally to come online
I doubt it, and anticipate more bombings
you got 300 miles of pipelines in desolate northern territory
OPEC probably has two things in mind
one is the potential for new supply hitting the market
this includes Russia, who is making grumbles lately
Russia is the highest cost producer outside Alaska
two is domestic fiscal stresses of their own
Saudi is not a strong economy, with heavy ongoing deficits
they are having internal troubles fighting AlQaeda badboys
they certainly see economic slowdown showing up with reduced crude oil demand in sales
so they reduce production to shore up prices
these guys want a constant managed revenue stream
I believe they want to gain some oil revenues in time for the GREAT FALL OF THE HOUSE OF SAUD

so gold jumped over #390 yesterday
most attribute it to the crude oil news
I attribute it more to the Japanese Yen breakout this past week

this has brought out the Wall Street big guns to defend gold against a rise
they are hitting the gold market, mostly with futures paper attack
but gold is still over $385, which is high in my eyes
we are fast approaching a dangerous critical $400 level
the expected crush of gold shorts has been a long time coming
large speculative long positions are now evident
we have a battle of the titans underway
large commercials versus large speculators
usually comms win
I believe they are losing control, since on the other side is now large Asians, including probably the Chinese Central Bank

not much really profound in this message
just want to get it on paper
am I missing anything significant?
I believe western women should be urged to wear gold jewelry under their skivvies
that would increase demand, but for what?

/ jim



To: TobagoJack who wrote (38832)9/25/2003 1:32:58 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 74559
 
Ivan ? nice IT to LT likely, added more BTE.UN today 9.70 (raises ACB a bit) he he what a spike today but shortlived (someone wants income) :0)

Not so sure about Wheaton at this level but then again why do I doubt you.. I should know better LOL..

EDIT BTW was it you that had NCEM or maybe pezz.. chemicals for the gold mining industry ?? I'm sure it wasn't Mq.. ;o)