Forum Archive Index - January 2003

["gooner" <nickk@quicksilver.net.nz>]

Punters also being told that the US economy will recover this year and that
consumption will increase...blah blah blah.....Let's stop reading popular
press please and tune into what is really happening.

US$ is getting hammered; funds/money moving out of US (and might benefit
little ole NZ); war imminent; Bush won't back down and can't see Saddam
backing down.  Here's hoping it doesn't happen but war might be the only
thing left to save Bush's next election campaign.

Gold has been in a solid uptrend for at least 18 months. Strike while the
iron's hot punters.  This might only happen every 20 years or so.

Cheers

Gooner

----- Original Message -----
From: "soarer2" <soarer2@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, January 09, 2003 7:42 PM
Subject: Re: [sharechat] Golden 2003 Months Ahead


> For Gold to get to $ 400 an ounce it has to rise aprox 14%, when this
> happens unhedged Gold stocks will move alot higher. I find it  amusing
that
> some people dismiss Gold as a credible investment but were happy to plow
> their hard earned   $$  into offshore equity funds whose stocks  had no
> earnings and traded on sky high multiples
>
> These funds are now showing negative returns and punters are still being
> told to $ cost average and buy the " dips " -  WHAT A JOKE
>
>
> Gold - Long
>
>
>
> ----- Original Message -----
> From: "Lazy Haggis" <lazyhaggis@hotmail.com>
> To: <sharechat@sharechat.co.nz>
> Sent: Thursday, January 09, 2003 9:07 AM
> Subject: Re: [sharechat] Golden 2003 Months Ahead
>
>
> > Yes, I understand. I think OSH is in oil though not gold. It would be
> great
> > if every stock went up in a straight line forever, but they don't, so I
> > suppose what matters most is the net result of all buys and sells.
> >
> > I notice gold is soaring today, and the US dollar tumbling, as well as
the
> > US stockmarket seems to be taking quite a hit as well. Somethings not
> quite
> > right over there.
> >
> > Much of what FairShare Investments publish seems to becoming true.
> Hopefully
> > their grim global scenario doesn't eventuate, but if so, gold will no
> doubt
> > soar higher.
> >
> > _________________________________________________________________
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> >
> >
>
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