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


To: Ruffian who wrote (4349)12/4/2003 11:54:57 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 108614
 
both forces are at work to drive up gold price
no need for anyone to denigrate either camp

demand overtaking supply, especially in Asia
opening of new exchanges in China is the hugest development

financial market reversal of manipulative practices over a decade
covering of forward hedgebooks is still ongoing

the funniest and most ironic development is the threat to South African production
from a dangerously rising SARand currency price
I have been thinking off & on about that all day, laughing inside
it constitutes market revenge against Deutschebank, Barclays, and JPMorgan
these guys are in the midst of a long drawnout lawsuit in Johannesburg, SA

/ jim



To: Ruffian who wrote (4349)12/5/2003 10:03:14 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 108614
 
HoundDog, natural gas touched 6.50 early this morning / jw