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

To: loantech who wrote (9276)	10/24/2007 11:59:24 AM
From: jimsioi	Read Replies (1) \| Respond to of 29622

Now Slan, we were all feeling so bullish... Talk of 850 by years end, $1000 in 2008 and $8000 beyond for the price of GOLD....sugar plums were dancing in our heads, imagining what that would translate into juniors' percentage increase...AND here you come with talk of $600.....!!! My my, that frankly seems about as far fetched at $8000 to me, but then alternative opinions should be respected... One thing about the GOLD BULLS, they never tell you where to put your stop... It is curious that with the financials in so much trouble that gold can't move higher....Makes it a little diffiuclt to believe that gold will rally to all time highs while the Wall STreet house of cards implodes....Bonds are proving to be the best bet against financial uncertainty...and that is quite the opposite to the perma-bulls case....Things will presumbably change at some point....though seemingly not today...OIL fails after its early rally and resource stocks tumble big time.

To: loantech who wrote (9276)	10/24/2007 12:09:55 PM
From: gold$10k	Read Replies (1) \| Respond to of 29622

Hi Tom, I was thinking POG $700 and HUI 360... not necessarily that low, BWDIK. IMO the FED is the trump card. As the markets fall in advance of the FOMC meeting, the FED will be forced to cut interest rates to avoid a market meltdown. Another view is that the FED really wants to cut, so Paulson's boys are moving the markets lower to provide a justification. Either way the result is the same and I will read the technicals to take my cue. BTW, I actually found a couple of cheapie PM juniors to buy this morning. vt