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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (33018)6/16/1998 2:21:00 PM
From: Ron Struthers  Read Replies (1) | Respond to of 35569
 
Zeev, I agree your target for the $ to Yen could happen and the credibility issue in juniors is a big factor. I have been focusing on cash rich juniors with JVs with seniors, these get the credibility and some have done very well.

I also like silver and the odd PGM pick that comes around.

You can still do very good in this market if it stabalizes or base builds as you say. When everything heads south like in the past few weeks it is hard to buck the trend. The right juniors will have good bounces up, of 50% or more after this current wave of selling.

Ron



To: Zeev Hed who wrote (33018)6/19/1998 5:02:00 PM
From: Ron Struthers  Read Replies (3) | Respond to of 35569
 
Zeev, could not find the Golddigger thread on search, but my comments on Monday that "The strong US$ is one of the major negative factors on the gold price. Once the dollar starts coming down gold will likely rise."

We seen this in spades last few days. Good to get gold back up to $300, CBs talking gold back up again. However we need $350 t0 get the junior market going again

Ron


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