SI
SI
discoversearch

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 : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: John Paquet who wrote (2878)2/20/1999 1:02:00 PM
From: Zardoz  Read Replies (3) | Respond to of 3282
 
Been fine John,

"Watch that DOW tumble 300-400 points NASDAQ down 150 points next week as Fed Chaimaman will speaks next week."

Think the Dow will now make a run to 10,200 reguardless of Greenspan. And then well Ahhhhhhhhhh Bang. I see 6200 coming soon, maybe even lower. I don't expect to see gold climb based on this, maybe even fall.

"Gold will be up up up for a change. That is why Im IN in this OUR ARP, besides that reason, she was too much oversold."

I think that would be the wrong reason to ARP. ARP does have potential, and I still think ABX will be back, in one way or another. Still think that the specs/hedgers will gather up, 9.9% each, and as a group {4-10 of them} walk over to ABX and make a counter offer. But the more ARP managment muddies the waters the less likely the price will appreciate. As I said once before, the ARP managment is the prob here. ABX 'sins' will be forgotten, if not already, by the street. But shareholders of ARP will never forget.

PS: you might notice that the US dollar index rose on Friday, and the POG climbed under weakenss. The XAU well, underperformed. If the G7 does pass the selling of IMF gold, as expected, where will the POG go to? Germany says sell, Gore says sell.... everyone wants to sell GOLD.