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


To: onepath who wrote (46970)8/12/2007 10:13:26 AM
From: koan  Respond to of 78431
 
What I am hearing now is the feds will lower the discount rate in September (sooner if all hell breaks loose) and a 1/4 point will not be enough. So that should be enough to punch the dollar below 80. And that should do it.

Well, this whole new economic manifestation makes it easier for me, as I will only need to watch three metals now: gold, silver and platinum.

NOw everyone should remember platinum will rise faster than gold----well, and so will silver-lol. On a percentage basis.

ELR A wts and PFN are two of the better PGM plays. I will look for others.

Slan and co will now have lots of company in the silver world.

And the gold bugs will not be so lonely, after decades of living in the shadows-lol.

In a few hours we should get some idea from overseas action.

I will start putting in stink bids for my favorite PM stocks for a small portion of my portfolio. I like the 4/5 year EPM wts if we get confident this operation is going to go smoothly. Funny how it kept drifting lower all last week, while Kinross and ITF rose.

In fact ITF was one of the better performers last week (gold stock).