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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (1343)10/3/2003 12:32:18 PM
From: TheSlowLane  Respond to of 108747
 
That's true for the PMs no doubt but the base metal miners I follow are not looking bad at all. Breakwater, Falconbridge and Inco are all looking good, Teck is taking a rest after a nice run. Pretty exciting action, glad I took some off the table on Monday. Some great calls on this thread...congrats to the nimble!



To: jimsioi who wrote (1343)10/4/2003 11:05:46 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 108747
 
check out this GOLD chart in EURO terms

hey, I said initially bonds will benefit
but later on, the asian bond support will vanish altogether
once the two forms of domestic price inflation show up (monetary expansion - lagged, and asian import price rise), we will see the bond link broken
that day absolutely cannot be avoided, absolutely cannot

I NEVER SAID IMMEDIATELY, which I think you realize
today the moronic bicameral world of "stocks vs bonds" was very evident
that world containing only two limited rooms will be shattered before too many more weeks

here is an interesting look of a Cup & Handle in the making
the GOLD / EURO chart
stockcharts.com[h,a]waclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

it points to a nice hefty run of gold from 290E to 350E, shooting up to target 410E

I believe the key to the USDollar lies in Asia
but the key to the GOLD price lies in Europe
they have not seen a semblance of a gold bull march
/ jim