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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (62313)5/31/2006 11:16:09 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
GS upgrades the gold industry to Überhype from Neutral. contrary to what Heinz sez, the most establishmentarian of the WS establishment is very much into gold, and is touting it across the world. especially when you compare gold miners to an industry that actually makes money--energy. analcysts continue to assume LOWER forward CL and NG prices, while they assume HIGHER gold prices. gold industry has the farking US Government (new Treasury Sec) to hype them and they expect higher gold prices. harder and harder to surprise on the upside.



To: ild who wrote (62313)5/31/2006 11:24:12 AM
From: sciAticA errAticA  Respond to of 110194
 
re: Do you know when he sold?

I can't recall - though his past posts are available for perusal...

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Plant is obsessed with: "What The Stock Market Said"

I think the markets are... insane.

I don't think it matters, any more, what markets "say".

Steve Plant and Dave Lewis ( dharmajoint.blogspot.com ) are old buddies, and used to post on the same thread.

I'm more attuned to Dave Lewis -- though I enjoy reading Plant -- primarily to enjoy his self-inflicted pain... in an admittedly embarrassed, vicarious manner...

... I think Plant is an object lesson in being strapped to the back of a weather vane and, invariably as a result, constantly pissing into the wind...