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


To: TrueScouse who wrote (19137)8/25/2006 1:25:13 PM
From: Claude Cormier  Read Replies (1) | Respond to of 78410
 
Very good point Howy. It is and will be very interesting to watch this situation unfold.

In the mean time... gold and gold stocks are reaching a break point. Will it be up or down?



To: TrueScouse who wrote (19137)8/25/2006 1:47:38 PM
From: marcos  Respond to of 78410
 
The last thing that chinese powers-that-be need is millions of energetic unemployed with recently-rising expectations ... they've had a trade-off since starting to open up the economy - central control retained, meaning no democracy, in return for orderly but quick money-making ... take away the latter and it mightn't be quite so orderly, no doubt they realise this and will pull out all stops to keep people working, which will among other things use up zinc and copper, as millions of slightly better houses are built with galvanised steel roofs and copper piping

But it's perception that counts in the short run, and i think Claude could be very right on weakness in the stocks ... doesn't matter to me with something like mmgg, just gonna sit on it for however long it takes, same as we did with bay.to once upon a time, when silver was down and Ms Market wasn't paying attention to the fact that the deposit was economic even at the price du jour .... or wtc.to, same thing, for those who played it well and didn't trade too much [which i did, aargh, lol]