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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (23792)	4/16/2005 4:44:51 PM
From: ItsAllCyclical	Respond to of 108763

Next G7, China attending? Yes or no? Date? This article says no... journalism.berkeley.edu This one says yes, but does so in a confusing manner. cnn.com >> Chinese finance officials accepted invitations to attend the two previous G-7 meetings. But the Chinese make clear they would appear at the current session, an apparent signal they did not want to be lobbied more intensely on the currency issue. << I believe it's a typo as I thought I've heard from Bloomberg as well that China wasn't expected to attend. All the talk centers on China, but Japan is just as guilty. We can mention TA/FA targets all day, but as Iso has pointed out there's an endless amount of fiat Dollars looking to keep the status quo. Another good read from a Dollar bear contrarian standpoint. Can't say I agree with everything, but it's always good to keep in mind the leverage used by many of the hedge funds. I do agree that the Euro probably can't go too much higher than what we've already seen given their problems. As such gold needs to either rally globally, Asia needs to unpeg, or we're stuck in a trading range. investorshub.com I'd like to know how they come up with their 1.2 trillion dollar figure. Seems way too high considering China's/Japan's reserves. As for the HUI bottoming, when and where I'll leave that for the market to decide.

To: SliderOnTheBlack who wrote (23792)	4/28/2005 8:27:32 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 108763

HUI bottom level ? I mentioned before I'm just sitting at my minimum portfolio weighting in this environment...10-12.5 % weighting long. I've flipped in & out here a bit... what I'm lightest on is Junior's and those stocks that have been the strongest of late like RGLD, KRY, GOLD. GOLD (remember it has no SA/RAND exposure) is the only one with any real size for me, have a little KRY and haven't been able to add any RGLD as it's stayed too strong for me (vbg). Traditionally before we bottom...the leaders must break; so maybe the bottom will come when RGLD, KRY & GOLD et all roll under their 200dma, or bounce near it. I show the following 200dma %'s for: RGLD +12.45% AND the KING of Goldstocks is also +2.50% over its 50dma too! - RGLD refuses to break ! GOLD +10.45% KRY +10.15% NG +11.72%...THE Junior of late. THIS is an interesting chart people: finance.yahoo.com I posted a couple of weeks back ( #23792): Message 21235787 ... that my "WAG" for a HUI bottom would be 1/2 way between the recent 190 bottom and our former resistance level of HUI 150...which 1/2 way would be HUI 170ish. - we're not far from that. I've nibbled a bit...just 2%ish add here (got some HMY). BUT ! - if the US Dollar does not rally, if we keep getting weak economic data/news and if the broad market maintains a controlled descent...I'd like to re-add to a 20%-25% portfolio weighting + some trading "calls" on continued expectation of the US Dollar falling and a potential upside trading pop if the Chinese Re-Peg the Yuan. The danger nearterm, is if the Broad Market just tanks rapidly...say DOW 9000-9250 over 6-8 weeks; then I think virtually everything gets taken down along with the DOW including the goldstocks. A slow controlled descent is our best bet. @ $375 Gold & sub $6 Silver...It's Olivia Newton John-time re: Let's get Physical ~ ... I wouldn't mind adding a couple of great desktop paperweights, doorstops, handcrafted dumbells, lifesize sculptures (vbg) etc...