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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (22199)	11/21/2004 8:02:40 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

you may know that i didn't claim to KNOW anything regarding future direction of gold or PMs; i'm just making a judgment call (which i hope one is still allowed to voice on SI even if it seems rather heretical here to doubt the perennial waxing of junior mining stocks). in my own case i just consider gold a secondary preference to energy, a market worth my participating in (especially via high beta miners) only when the profit odds seem exceedingly high. like this past April/May. which just happened to coincide with when a number of prominent gold "experts" were saying the gold bull was over. just as experts are proclaiming we are in "phase II" now. so, maybe they are right and it's to da moon. fine. but maybe they are wrong (yet again) and i get to buy what i sold at a 50% discount from their subscribers when they get margin calls next year. either way is OK by me.