Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CARMANAH RESOURCES LTD ( CKM - TSE ) -- Ignore unavailable to you. Want to Upgrade?

To: Orwell who wrote (201)	6/14/1998 11:26:00 PM
From: ddcox1	Read Replies (1) \| Respond to of 269

Orwell I agree with most everything you have been saying. Personally I have been in cash for the last month. For now the U.S. dollar is king of the hill. Commodities, foreign markets and currencies will all be hurt. As the for the yen, the farther it falls the more severe the Asian plague will become. Countries will be selling commodities for what ever they can get to get hard currency, especially U.S. dollars. I do differ with you on 2 points. Firstly, the U.S. market will eventually drop. Second quarter profits are going to be very weak. Once people realize this the long awaited bear market will arrive. Secondly, I wouldn't touch your resource picks only because a few months done the road there will be absolute bargains for people who are disciplined and prudent enough to stay in cash.