Forum Archive Index - April 2003

["mvanv" <mvanv@xtra.co.nz>]

Macdunk wrote

 

The gold posts have gone silent, what is wrong guys, not changing your mind?.  My view is if you buy something that is worth nothing, be prepared to get out before the mob. The other way of looking at the situation is the war is going great, but it wont stop there, the Yanks will control IRAK, but will they go for the other half next door to control the lot?.  OIL is what I am on about.   We then have KOREA,they are taking the moment of opportunity, to strike at a  weak moment to join the club and be one of the big boys. The American dollar that means so much to our market, will drop, then rise to higher levels than before.  If I had gold bars under the bed I think that I would look on them as a very short time investment.  I think you will find in the future that gold is black sticky and comes in barrels.
That is an opinion I feel sure will eventuate.  Short term rise in the market long term anyones guess.

 

 

 

Macdunk

 

Have you taken any action on your predictions?

(ie have you bought any oil stocks; if so which companies have

you bought shares in recently)

 

 

 

Mick