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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (7952)	8/22/2007 8:46:48 PM
From: jimsioi	Read Replies (1) \| Respond to of 29622

SWampDog, pretty complicated Elliot stuff, Silvers Problem I have with such reasoning is that one mistake in the count and the whole theory about the longer term moves seemingly (at least to me) goes up in smoke. His pattern does appear to be a possibly logical extension of the PM miners long running consolidation, at least with respect to the indexes, heavily weighted with ABX and NEM... My feeling is that Gold and miners will most probably begin to move if the dollar falls because the FED has to flood the system with money and buys longer dated treasuries to keep rates down so mortgages can be refinanced, diminishing the severity of an economic slowdow. My personal read is the FED knows the risk to the dollar if it monitizes and lower rates and is highly reluctant to take that course. Consequently, I view with suspicion today's feel good rally... Checked out the Gold/ Silver ratio...breakout in favor of the yellow... stockcharts.com Don't think I'll be reentering Silver Miners anytime soon... Copper has to hold its 200 day ema here or the rally in zinc and copper stocks will likely abort... stockcharts.com Breakwater Resources had a good pop today, breaking above a steep downtrend line...Can it make a 50% recovery on the downdraft? I think I'll be a seller on the first attempt. stockcharts.com Playing it pretty cautiously...50% in cash and gold...

To: SwampDogg who wrote (7952)	8/23/2007 4:31:50 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 29622

For what it is worth , one technician I read suggest that the May 2006-August 2007 consolidation was a symmetrical triangle intermediate wave 4 of primary (3).

To: SwampDogg who wrote (7952)	8/24/2007 12:00:09 AM
From: Proud Deplorable	Read Replies (1) \| Respond to of 29622

"I have not sold any gold stocks in the down turn" I stopped reading the article there. Obviously this guy is not totally sane or very stupid. He probably lost a fortune. Maybe he's among hundreds of writers who got caught and want out and so are using the keyboard to pump while they dump. Trust NO ONE...the other shoe hasn't dropped. To say the USD will last till 2009 is insane....charts are BS and everyone now knows that they are not a leading indicator but a trailing one. The system is rigged against the little guy as witnessed by the sudden drop in the discount rate which helps the big boys but not us as the writer admits. My formula is if one invests in any shares they had better have an additional 50% of that value in gold and silver bullion. Financial Sense says the worst is over LOLOL.....Puplava is an IDIOT and always has been...long winded waste of time like that other creep Morgan. Hey jmo