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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (16127)10/3/1998 1:30:00 PM
From: James Strauss  Read Replies (1) | Respond to of 120523
 
Gold:

Jim:

I agree with your analysis about gold stocks... We are in a deflationary environment... Not usually good for gold... What we are seeing is short term movements reflecting the need to find another place to park money besides equities... Once it sinks in that deflation is not conducive to higher gold prices we'll see gold drop below 300 an ounce again... This will cause more mines to cease or reduce gold production... This will set the stage for an eventual supply shortage that should boost gold prices... But, until then, gold is more likely to retreat than advance...

Jim



To: j g cordes who wrote (16127)10/3/1998 10:13:00 PM
From: Gord Bolton  Respond to of 120523
 
Claude has been a sleeper in that for whatever reason it has not yet taken the big leap up. The gap will close on the chart and whoever buys first will still get at least %30 right now. I expect that Claude will show $.40 earnings over the next year. Not bad for a $1.55 stock.
So short term or long, it is a steal right now with lots of room for
upside and pleasant surprises. Natural Gas will be in very high demand this year and many things can happen to improve the price of oil
quickly. Oil is probably less than %10 of revenue for CRJ at this point in time. If Russia has any Gold left, they will probably have
to use it internally to back whatever they try to use for currency.
For some reason the Russian people just don't trust Rubles at all right now. Most business that does get done is done in U.S. Dollars
or Barter. Just read an article where teachers were paid their wages in Vodka. No kidding. They were happy to get anything that could be
traded. Happy investing.