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Re: Ace Hanlon post# 122993

Tuesday, 06/24/2003 2:49:01 PM

Tuesday, June 24, 2003 2:49:01 PM

Post# of 704041
George...

I had in what I thought were some reasonable buy points but they are not even close at the moment. I may raise my sights some into the close unless the gold stocks start coming down. My primary thesis is that a rate cut will bring in weakness in the $USD (good for gold) although the Fed/Treas may support it a day or two - no way of knowing about that.

Should that thesis prove wrong, I will have to reassess my thinking on gold. Well, just a little <gg>.

mlsoft


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