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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (1230)1/28/2004 9:48:22 PM
From: Rocket Red  Read Replies (1) | Respond to of 29622
 
Gold producers how many are making money?Not very many and if they are its petty cash to there stock market valuations.

Gold in 6 months to a year the jury is still out.Some say 500 and some say 325,who's right we won't know that for 6 months or a year yet.Too bad that cystal ball is not real we would have it all pegged in everything and we would have our own private beach already :)

Most here think Gold will be lots higher but thats not to say were right.
Gold is a safe haven at the moment on Wars,Terriost's,and Printed money.
The Market manipulaters seem to do what ever it takes at any given moment in anything.Right now China in a Bull Run on expansion,Japan has turned the corner,Europe doing fine,
Canada doimng fine,US is trying to come out of it.
Inflation is low and thats one difference we have today than the 80's when Gold run thought the roof.
So many things are different today.
As for Juniors well its all about finding the next motherload and being bought out at high dollars as its all speculation.



To: Andrew who wrote (1230)1/29/2004 8:59:22 AM
From: Mike M2  Respond to of 29622
 
Andrew, Wall St has two standards - if the company is tech or internet related ( generating huge investment banking fees) Valuations are irrelevant. The mining sector generates minimal banking fees so valuations do matter -g- Mike