Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (1345)	12/22/2004 6:07:26 PM
From: Rocket Red	Respond to of 18308

My Pick Lrr

To: loantech who wrote (1345)	12/22/2004 6:54:03 PM
From: goldsheet	Read Replies (3) \| Respond to of 18308

RSA is tough, since rand peaked in 2002, and miners got better wages, making mining costs rise more than gold. They will keep going to generate cash flow to redeploy outside RSA, but no rush to invest in them. AU and GFI are better geographically diversified than HMY and DROOY. Reserves are like a monster in the closet, you know they are there, try to ignore them, hope they go away, but unlike monsters they are real and will get to you at some price someday ;) My calculations and expectation are already in my predictions. I think we are going to fight $500 in 2005, the way we fought $430 in 2004, just when we think resistance has become support we get a lesson. Not straight up or even, but $750 this cycle works for me. Note I think the dollar story is old, tired, and over - we need inflation for the next phase, IMHO.