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


To: jrhana who wrote (39009)4/27/2007 2:34:00 AM
From: heinz44  Respond to of 78412
 
Been busy watching Neil Young,,,Heart of Gold!! great CD. I dont know if thats good or bad for me - memories-
Anyhow I would like to leave you with thoughts from the "wise man #2"
I am always amused whenever I read novice’s comments about how wise the commercials are and how well they know the market that they trade and therefore we pitiful peasants known as speculators should tremble in fear of them.

Here’s another glaring example of a huge commercial firm that operates in the grain business that totally screwed up in the soybean market because they simply misread demand. As anyone who trades the grain markets knows, Bunge is a very big player. Take a look at the section below I highlighted ad underlined.

Best wishes from your pal,
Dan



To: jrhana who wrote (39009)4/27/2007 2:34:12 AM
From: TheBusDriver  Read Replies (1) | Respond to of 78412
 
Like you I pretty much ignore XAU but I do watch HUI pretty close.....I am off probably 5% since this started....will not know til the weekend when I tally up....

I like all this talk of go away in May and have noticed as the rather small correction started they came out of the woodwork to proclaim it......I think we rally soon and it should be big....BWDIK?

only 90-95% invested but snaking my fav jrs.



To: jrhana who wrote (39009)4/27/2007 10:11:27 AM
From: gold$10k  Respond to of 78412
 
Hi John,

For the most part, Canadian juniors have been stronger than XAU/HUI in recent months. Even though I expect that to continue, a pullback in XAU/HUI tends to suppress buying throughout the sector.

Congrats on your success and your well-founded convictions.

vt