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To: maceng2 who wrote (286417)5/6/2004 5:38:31 PM
From: Michael Watkins  Respond to of 436258
 
US$ firmed up today. Don't know which is going to blink first, Gold or US$. EURUSD has another 1-2% to lose from its recent big push up before the rise of the US becomes more certain.

At this point its a stale mate... decision coming up soon.

I am still out of gold.



To: maceng2 who wrote (286417)5/6/2004 9:37:12 PM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
PB, We have to wait for the majority of folks to turn bearish, then it's silver $20 and gold $1200. I'm not as certain about the stocks as the metals, as most of these are pretty crappy cos. and aren't even increasing profits with much higher PM prices. There are a few decent ones, but the best and the brightest don't seem to go into managing mining cos.


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