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Being a contrarian doesn't always work. but your contention does bear
watching. Thanks, Ira
Peter G wrote:
> Michael:
>
> Confirmation would be past the 323-29 basis Dec. RTs don't seem fond of
> metals, though. Gold has been basing for some time; if you look on a long
> term monthly, we are lower now than anytime since 1979.. a serious
> historical low. The bearish sentiment associated with gold ("..it'll never
> go up"".. it's a terrrible investment...") is all the more encouraging.
>
> Numismatics are making significant upward moves recently and silver
> warehouse stocks have been declining.
>
> PG
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