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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: kimberley who wrote (511)2/4/1998 2:30:00 AM
From: Bob Markley  Respond to of 8010
 
Kim,

The best moves have occurred when the stocks have lead the metal(s). A 1st tier stock, PAASF cannot take out it's high & the 3rd tier stocks (eg CFB.A) have not as yet responded to the rise in the the metal, however I'am holding on CFB.A. My point still stands, ... that it's not a good idea to listen to newsletter writers as these 'types' must publish recommendations on a regular basis.

The stocks must now catch up to the metal for the move to be the one people have been waiting for since the high of $50.35 (cls 48.80)in early 1980. If they (stocks) do not catch up in a reasonable time(90 day's ???), then the move is suspect.

I will however put my money on the traders, (Soros & Buffett).

Best always,
Bob