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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (2498)	8/3/2007 11:59:20 AM
From: Bill Wexler	Respond to of 6370

I'm going to pick up a tad more here and put in bids at .50 increments going down. Unfortunately, despite the solid financials of the company, an economic slowdown means less demand for metals; and as long as there isn't a blowup in the currency, investors will sell gold to raise much-needed cash rather than buying it as a hedge. Longer term, I still think the stock goes higher. In the next year, it could be taken back down to 1 with the rest of the market. So buy in small increments.