Search results

  1. H

    Currency Killers

    Possibly but not likely.Keep in mind the US consumes 70% of the worlds exports.To varying degree,most industrialized nations are dependant upon US consumption to fuel their own feeble economies.Thats why I dont think you will see any major currency shifts or extreme dollar dumping.Globally, its...
  2. H

    NXG Gold Exploration Stock...

    Thanks for your input .Praetorian2,We finished down on the day but NXG and WHT still did well.BGO,EGO,and CDE had a rough day ,but its only to be expected since they've had such a good run.It feels like NXG and WHT might be getting ready to make another nice percentage move ,breaking the trend...
  3. H

    Any good thoughts on gold?

    Dont spend any time thinking about the extremeists,because the truth is some where in the middle.I dont know why people have such a difficult time grasping the concept that a weaker dollar means a higher gold price,or that a substatially weakened dollar means a substantially higher gold...
  4. H

    Any good thoughts on gold?

    In responce to your post on page 2.Your attempt at exhibiting some intelligence was humorous.The Hunt brothers tried to corner the SILVER market.The forum subject is GOLD,and there is a world of difference between the two.Since you mentioned silver ,does that mean you think Warren Buffet is a...
  5. H

    Any good thoughts on gold?

    Student, all your points are correct.The trend is firmly in place and gaining momentum on a daily basis.This trend should continue as long as the fed devalues the dollar.Those of us already involved in the sector have chalked up some outstanding gains.We're still in the earlier stages of the...
  6. H

    NXG Gold Exploration Stock...

    Gold was up $17 to just over $389 for the week.The top performing fund sector for the week were the gold oriented funds and 6 of the top 10 performing funds were gold oriented.Since June ,the gold funds have led funds almost 50% of the time,2 weeks in 4.BGO,EGO,WHT,MNG,NXG,GBN,GSS,all had new 52...
  7. H

    NXG Gold Exploration Stock...

    Your more than welcome.I like BGO and the others we've discussed ,and would buy more tomorrow,but Iwent all in last week.I would take a second out on the house if I owned one.370 has proved to be a solid base.I think by next summer, the prices you pay today for goldstocks today,will seem cheap...
  8. H

    NXG Gold Exploration Stock...

    Its been a couple months since I read GBN's reports .The last I read ,mining would begin the first half of 2004 with joint venture partner Hecla.Because of the high grade ore, are projected to be profitable before year end,2004.Production cost per ounce will be amongst the industries lowest.BGO...
  9. H

    10 of Jim Cramer's Favorite Stocks

    Dont remember Quest, but does this sound familiar.We own it at 160,we own it at 140, and we're buying more today at 130.This was on CNBC a couple years ago when he was a guest.He was referring to AOL.
  10. H

    10 of Jim Cramer's Favorite Stocks

    Months ago Cramer was seemingly correct in calling a bottom.Unfortunately it was the fifth time he called the bottom.Listening to his advise ,you would just about be broke by the time the economy and the market rally.He also owns half the stocks they talk about.own it,own it, own it,own that...
  11. H

    Get Your Face Smashed By Gold Today?

    Any one involved in the gold sector has taken a hit.But cheer up,because this happens three times a year. The gold index(XAU) peaks three times a year.The last week in Jan.,May., and Sept.to be more specific. Look at charts for the last three years and you can see the four month cycle.Since the...
  12. H

    NXG Gold Exploration Stock...

    Praetorian2-Glad to help.The small guys you refer to are future producers and exploration companys.GBN,AZSRF,NVGLF,are several I follow.All have interests in excellent quality properties,not yet producing. I'm not sure we can break 400 just yet because I think the foreign central banks are...
  13. H

    NXG Gold Exploration Stock...

    Praetorian2-I obtain most of my gold news from Kitco.com and the Goldsheet Mining Directory.com.Barrons,IBD,THe Financial Times,AP newswire,Reuters,plus numerous other buisness articles, are the bulk of my reading.My years of previuos experience in this sector has taught me that most companies...
  14. H

    NXG Gold Exploration Stock...

    Thanks dojibear.I cant blame anyone for not wanting to be involved in this sector because its undeniably one of the most volatile.Everyones risk tolerance is different and I would not recommend this sector to those without ample market experience.You must also keep in mind that this sector...
  15. H

    Opinion on gold stocks?

    Along with index put options, gold stocks were my best performers last year.The easiest money I've made since the bubble.
  16. H

    Opinion on gold stocks?

    Technically, gold should hit its 4 month cycle high about Sept. 31 ,give or take a few days.I wouldn't be surprized to see a retracement to the 360 level.The technical low of the four month cycle should occur in oct or nov ,before heading higher and could test the 400 level by the next peak...
  17. H

    NXG Gold Exploration Stock...

    Well in fact Northgate Exploration(NXG) has an annual production of 290,000 oz of gold,not to mention millions of pounds of copper.They should do a name change because of the obvious confusion as to wheather its an exploration company or an actual gold producer.The person who was just posting...
  18. H

    Any good Penny stock ideas???

    ..........potential price appreciation is much greater on a percentage basis as oppossed to large or senior producers such as NEM,ABX,BVN,PDG.etc...oooooooppppssss.
  19. H

    Any good Penny stock ideas???

    The afore mentioned stocks are all producers of gold to varying degree.All produce at least 250,000 ounces of gold annually,except cde,which produces 14million plus ouces of silver.Keep in mind the fed has already revealed there hand.What the hell,another trillion in debt buy the end of next...
  20. H

    Psyched Out - Complain About The Moderator

    If people would spend as much time and energy doing their homework and research as they do complaining and whining,I'm relatively certain they would become better traders.More information and cooperation amongst our selves,could mean more of us could beat the bank.Maybe alot more of us.Hope most...
Back
Top