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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (12950)2/7/2004 1:13:58 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Yeah, he is wrong. The world is awash in crude oil, the problem is one of end supply, which is manipulated by futures traders and refiners.

Grain shortages? Same thing. It is all a matter of perception.

As a matter of fact, just this week the US Govt is bailing out Hawaii coffee growers by buying up over supply and putting it in storage....

Just like govt cheese.....

So how does he extrapolate this into a reason to buy gold now?

The time to do it was when we did it, when it was cheap and the $fruit was hanging low....

And if the dollar is as worthless as he thinks, the thing to do would be to arm yourself to the hilt and use .22 shells for currency....??



To: xcr600 who wrote (12950)2/9/2004 5:15:56 PM
From: James Strauss  Respond to of 13094
 
thoughts anyone? Message 19749110

xcr:

The dollar will continue lower until interest rates start to rise on a consistent basis... That won't happen until we see monthly job creation of 150k+++, (June,July)... Until then, precious metals should continue their upward trend... Oil prices will continue to be manipulated by political/terror concerns... For now, the metals and oil can be traded within the price channels...
bigcharts.marketwatch.com
bigcharts.marketwatch.com

Jim