OTCPK:IEMMF - Post by User
Comment by
HDP18on Jan 30, 2004 4:15pm
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Post# 6981005
RE: Where to from here
RE: Where to from hereWell, I guess we have to wait and see. This is going to be an interesting and a lot more challenging year in the markets to make decent $$. I am hoping for a more gradual recovery in the USD and a continuation of firming in commodities (minus oil). Gold, I'm not sure about. We might test $365oz in the short term but long term supply/demand has been saying for some time that people are buying more gold and central banks, Gold company forward selling, etc, has slowed down large. I am thinking that IMN is a prime candidate for a takeover target if commodity prices stay strong. I also like DY. Just not a big fan of all this volatility. Good for the day traders and brokers, bad for the blood pressure.