InvestorsHub Logo
icon url

girlfriend

07/06/05 9:39 PM

#407003 RE: basserdan #407002

"SI's ego board..."

LOL!! So VERY true.

But its a one man ego show.
icon url

longdong_63

07/06/05 9:53 PM

#407005 RE: basserdan #407002

Thanks basserdan. BGO has drilling results from Kupol due out soon. I think they will be good. Had a great run trading it for the last 2 months but am looking to position right now. Thanks for the read. My read is that if 410 PoG let's go, we would have some problems. All bets are off the table at that point. JMHO.

icon url

hightecheast

07/06/05 10:06 PM

#407006 RE: basserdan #407002

<<COMEX open interest has dropped 31,746 contacts to 281,186 on Friday and Tuesday, we may be nearer to an interim low in the PoG than I had previously thought or hoped for.>>

Not so fast, Leroy ... [g]

February, 2005 GOLD bottom ... OI = 253,199 ... COMM = - 38,182 ... Large Specs = + 11,175

mid-June, 2005 GOLD bottom ... OI = 253,429 ... COMM = - 52,996 ... Large Specs = + 32,965

early-July 2005 ... OI = 281,186 ... COMM = - 165,574 ... Large Specs = + 129,931

Note ... when OI bottomed in August, 2004, it was 218,011.

Besides the CJ says bullion gets to at least 400 before it bottoms ... not that that could not be by Monday, July 11 ... [g]

Ken