Forum Archive Index - November 2003

["Lazy Haggis" <lazyhaggis@hotmail.com>]

Gold continues its upward bound trend, and in a few months the $400 breakout 
will be long gone and so will today's good buying (re-buying) entry points.

Many gold advisers recently recommended selling gold shares due to the 
suggested US tax-break repatriation of funds. That's a joke in its own right 
(plenty of that already on the internet) but the main issue overlooked by 
such advisers, is that any suggestion to repatriate funds is a clear sign of 
a US economy in trouble, and such action would have a negative impact on the 
US dollar and positive impact for gold. There's as much chance of a US 
economic recovery being real, as there is of finding weapons of mass 
destruction in Iraq.

Throw in the fact that the US Iraq situation is getting worse (the US are 
losing) and the US is starting to up the anti against Syria and Iran, plus 
bitching at China's exchange rate, not to mention the possibility of an 
EU/US trade war looming, you have all the ingredients for dark mushroom 
clouds on the horizon. Gold is going higher, much higher - make no mistake 
about it.

Make sure you have some quality gold/copper/nickel/silver shares in your 
portfolio.

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