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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (1878)11/16/2005 2:54:46 PM
From: koan  Respond to of 78419
 
Hi Tom, hope you and yours are doing well.

My primary play is SLW wts. Even bought some more A wts early this morning at .39. BWR still languishes, but copper and zinc inventories in the LME still dropping and prices still rising, so maybe one of these days-lol.

Silver blowing through $8 is major I think. $8 should become the floor if the move is decisive.

I really do not understand why gold and silver have broken the 20 year inverse correlation with the dollar, but the break sure seems strong and complete.

And I am noticing gold and silver still seem correlated inversersly with the dollar when it falls and positively with oil when it rises. Money supply is huge, and probably has more to do with inflation than oil, but whatever is going on is sure dynamic.

Silver in my opinion, like everyone probably-lol, should be about $30, so lots of room to move up.

Claude has done a great job of ferreting out the cream of the crop. I got a subscription to his news letter and he has done a fine job.

Off to Hawaii for about 3 weeks and then to New Zealand to visit my daughter for a month. Nice long vacation.

If gold, silver, copper and zinc continue to rise I may not come back-lol.

Nice to see your thread so strong. It is one of the few threads where there is a preponderance of resonable people-lol.