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Frank Pembleton

06/30/04 9:26 AM

#10055 RE: KastelCo #10048

K ... ok, I'll agree... we're in a commodity bull market-- but that doesn't necessarily mean we're in a currency bull market ... so it's up to you, is gold money?

...or is it trinket material??
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Frank Pembleton

06/30/04 9:34 AM

#10056 RE: KastelCo #10048

...and when to we get a new trend in gold? ohh, I dunno-- I've heard that July is a good entry point and I've been buying here lately without too much fear ... but the one thing to keep in mind is that we're still in a consolidation period. That doesn't necessarily mean that it'll resolve itself to the upside ... if anything there are a lot of continuation patterns in the charts that are, IMHO, nothing more then a breather for the next leg down.

anyway, look for gold stocks to lead-- that'll be our first clue.