AI
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| Alias Born | 06/16/2004 |
Thursday, November 03, 2005 10:20:55 PM
*Didn't understand ya' the first time... thought you meant time to go long the market... either way, since $GOLD is predominantly priced in the world's choice of paper, the USD... and I expect the USD to rise, couple that with energy prices still high and I don't care what kind of $GOLD stock it is, I still believe better opportunities to come...
I liked South African $GOLD-miners back in April such as HMY & DROOY, since than they've outperformed the other $GOLD plays it seems, but now I'm seeing evidence that they too will fall, so I wouldn't say this is a time to buy S.A. $GOLD plays since that's what you seemed to mean in your first post...
In fact, HMY, which you know I pimped numerous times over the year and is my favorite South African $GOLD-mining stock is showing evidence of an island-Head & Shoulders top... and ironically the same formation is evident in the $GOLD price itself as well... see below:
I liked South African $GOLD-miners back in April such as HMY & DROOY, since than they've outperformed the other $GOLD plays it seems, but now I'm seeing evidence that they too will fall, so I wouldn't say this is a time to buy S.A. $GOLD plays since that's what you seemed to mean in your first post...
In fact, HMY, which you know I pimped numerous times over the year and is my favorite South African $GOLD-mining stock is showing evidence of an island-Head & Shoulders top... and ironically the same formation is evident in the $GOLD price itself as well... see below:
HI-HO SILVER !!!
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