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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (2211)	11/18/2005 5:37:23 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217707

<<The hedge funds ... ... look at a list of today's largest winners, and maybe buy those>> As you know, my physicals are not for sale, and the paper stuff and derivatives are meant to be traded, to gain moolah in lieu of interest income. I did this Message 21896820 last night. FWIW, I think we may see gold at 500 before the year is out, but there are risks in the mean time, and there will likely be stalled gold after the mean time. The primary risk is the fact that the thundering herd (hedge funds) have entered gold space in force, driven to where we already are by absolute panic over the reality that the funds earned on average absolute krap over the course of 2005. Most of them are trying to make up for lost time and fend off redemption. Most of the most are not typical commodity investors, and they will likely decamp as soon as they possibly can ... which is probably soon. Chugs, J P.s. physical gold holdings instills a measure of discipline, making sure one is never ever out of gold, due to shear laziness to heft the bulk across town. Amen