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ItsAllCyclical

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ItsAllCyclical

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Monday, 07/10/2006 9:49:02 AM

Monday, July 10, 2006 9:49:02 AM

Post# of 19037
Good post here on gold/PMs:

http://www.siliconinvestor.com/readmsg.aspx?msgid=22605318

G8 and Bernake are additional legit reasons to be ST cautious on PMs. Holding approx 17% PMs (as core LT shares, NG and DROOY currently w/NG 5x greater) in largest account. IRAs are/have been 100% cash for about 2+ weeks now.

Today's gen. market morning bounce is not the sort of thing you like to see if you want to see excess optimism erased from the markets. Actually like seeing PMs and market trading opposite here. Hopefully the decoupling continues in the next few weeks. Patience continues to be the call here imho.



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