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

To: Fishfinder who wrote (21766)	10/6/2003 1:23:46 AM
From: AH	Read Replies (1) \| Respond to of 39344

I suppose you did well going on a ride with NT. I don't touch speculative stuff! :-) Just mines and holes in the ground. Going back to golds, they trade in the context of highly abnormal markets. It does not matter how one defines a normal market. Intuitively, they ceased resembling anything remotely sane several years ago. To me it happened in '98 when Long Term Capital blew up. One cannot go wrong with golds, silvers, nickels, etc, at this point as every single central bank that counts generates so-called liquidity. There will be 'outside' events like Friday's collapse of POG. They will happen both ways. Up and down. In all markets. I suppose that all trading systems, and technical indicators they are based on, will be severely tested. Some of the moves are not going to make any sense at all. I intend to watch the show and hope that the entire financial systems of the world survive intact.