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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (35464)	8/16/2005 3:58:53 PM
From: patron_anejo_por_favor	Respond to of 116555

Wow, that guy is really trading the wiggles, no?

To: mishedlo who wrote (35464)	8/16/2005 4:23:53 PM
From: Crimson Ghost	Respond to of 116555

Nor me either. Gold can certainly rally some from here, but the risks are very high given the huge commercial short position. I am long Japan though, and plan to hike my position on the first decent pullback which may have already begun.

To: mishedlo who wrote (35464)	8/17/2005 5:22:04 PM
From: Earlie	Respond to of 116555

Mish: An independent report on GSL last night has moved the estimate up from 6 million ounces to 10 million .... and "still open in all directions". Meantime, Goldcorp raised $500 million a week ago to add to its $400 million cash horde and owned up yesterday to the fact that it is on an acquisition hunt for "reserves". Old Earlie has a huge grin as he systematically recommended (and of course acquired) this stock over the past two years. At this end, I would be surprised if we don't see a bidding war before year end. Best, Earlie