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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (39091)	5/12/2006 9:08:59 AM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 60926

Gen markets look somewhat similiar to '87 in that you have a rising market, rising interest rates, rising commodities, a falling Dollar and lots of complacency. Odds are always low of a crash of course, but still must be respected. I think the biggest risk to PMs isn't so much from falling gold prices as a very sharp market drop that causes everyone to scale back esp. the leverage hedge funds which have been playing quite a bit in commods. of late. You can pull up some charts and see that NEM went from 80 to 20 during that timeframe (2 weeks, crash was 2 days). Gold stocks look like they led the downturn by a few days so thus far I don't think there's much to fear as I think we would see NEM at a min sub $50 prior to any crash, but that's just a hunch. On the silvers you like SSRI more than PAAS here? If so why?