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


To: jimsioi who wrote (5073)12/16/2003 11:30:15 PM
From: isopatch  Respond to of 108759
 
Jims. It's good to have a variety of opinions here. You'll

get no criticism from me for the caution you've expressed in your post.

Besides, I've always been quite open in admitting I'm much better timing energy stuff than the PMs.

Iso



To: jimsioi who wrote (5073)12/17/2003 12:32:31 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 108759
 
gold leads now, dollar follows, clear for two months

as all currencies are now making new highs versus the USDollar,
it has been clear since October that gold is leading

I believe you speak from experience of many past quarters
no longer true

gold has exerted its predominance in recent months as a currency itself
evidence is recent little movements in the dollar
which were all but totally ignored by gold
to me it seems the weak dollar has been attempting to push the gold market
and has consistently failed in the last several weeks

THUS THE USDOLLAR CONTINUES TO LOOK PATHETICALLY WEAK
TRENDING DOWN DOWN DOWN

your comment
"Playing these twice removed vehicles from the primary event, the dollar, is a headache when they're lagging"
seems naive
how do you rationalize such a comment?

/ jim