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

To: tyc:> who wrote (52738)	11/12/2007 11:09:09 AM
From: tyc:>	Read Replies (3) \| Respond to of 78403

postscript; (with apologies to Don Coxe) The Canadian dollar is falling nicely today; As a result, although the S&P500 is up only .7% (point seven) in American dollars, in Canadian dollars it is up over 3%. They say that once currencies turn, they can go a long way, If the CAD continues to fall and the S&P500 continues to rally as I expect it will, the S&P 500 could prove an excellent buy for Canadians right now. (or any quality American stock or index ?) But be careful NOT to buy an index that is hedged to the falling Canadian dollar (if my arithmetic is right )

To: tyc:> who wrote (52738)	11/13/2007 12:54:09 AM
From: marcos	Read Replies (3) \| Respond to of 78403

Charts could be cherry-picked to support anything -g- ... sure a lot of it is reversion to the mean, trouble is we see only present and past mean, the rest is off the right hand side of the chart out of view, could go anywhere, we don't know ... and i think you'd want to be careful selling outperformers and buying underperformers, whether with indices or stocks, still got to pick em right, and pick the timing right ... some of them just keep right on out- and under-performing for a long long time Think the part of what vt was saying that clicked with me was that gold stocks hadn't completely diverged from the broad market yet, or didn't seem to have on friday when pretty much everything sold off ... they have decoupled to considerable degree but still it's all about liquidity at times, today seemed to be about the yen carry trade, anything that was being held with that sort of financing behind it was sold ... ? - don't know, but on reading that opinion it seemed to make sense What a day, roads washing out in the woods, windfalls all over, a guy with pickup trouble, got to the computer finally and the power went out, then it came back, logged on and TDW kept giving error pages, capacity problem or something The loonie is not done yet, neither is gold ... couple days, couple weeks, or whatever, and we're back in business with real assets, no matter where broad markets go ... the loonie is too high but it can get a lot too-higher yet, currency moves are like that ... silver looks the hardest hit, but it's not damaged imho, still could be the outperformer heading into the new year ... or so i plan to play it anyhow, just gonna stand pat for the most part ... got a tiny bit more of the ccu.to falling knife, can hardly wait to see the nickel bids catching, lol ... cheers