Forum Archive Index - June 2002

[nickk@quicksilver.net.nz]

Athol

You are certainly right when you say this "Gold will go higher because
there is no where for the world of money to be parked at this time of
falling stocks"

When the DOW was going thru the roof Gold was plumetting because the DOW
was the place to go with your money.  With the DOW very shaky, the Nikkei
similarly, and economic situations expected to worsen, Gold will be the
safe haven.

>From my limited information, I believe MMN & DIO aren't hedged.  However,
don't quote me on it.  Good luck...I like Gold & Silver in the next 12
months!

NK

  ryanrite writes:

> Do you have any Aussie stocks that are not hedged in mind?
> Gold will go higher because there is no where for the world of money to be
> parked at this time of falling stocks
> Athol
> ----- Original Message -----
> From: "Steven Tong" <soarer2@xtra.co.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Friday, June 07, 2002 7:06 AM
> Subject: [sharechat] GOLD / SILVER
> 
> 
> > After this weeks manipulation by the gold cartel to force the price of
> gold
> > down, could not resist getting back into Aussie gold   / silver stocks
> > yesterday.
> >
> > Change of tack this time, small cap unhedged plays. Think this is were we
> > will get the most leverage to the rising gold / silver price.
> >
> >
> > The gold bullion banks  are telling the world via their analysts that gold
> > is in a bubble, yet they are building their postitions in gold miners all
> > over the world, the latest a small explorer in Norway.
> >
> > The Dow is capitulating, the total market cap of all gold mining stocks is
> > equivalent to 330 points on the Dow. A  small shift in sentiment towards
> > Gold and its easy to see what could happen.
> >
> >
> >
> >
> >
> >
> >
> >
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> 
> 
> 
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