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Message: Misc.

Misc.

posted on Mar 07, 2009 03:23PM

So many views regarding where the pm prices are heading over this next while. We all know where they should be heading, but will they.

The Vancouver World Outlook conference was in early Feb. and I ordered the video as I was very interested in what David Bensimon had to say. He's with polarpacific.com out of Hong Kong. He has been rated #1 for predictions for a few years and has a large institutional following. [for a big price]

He picked the gold bottom on Oct.24 last year. He uses a fairly straight forward number analysis to come up with his predictions and has been right on to the day sometime. He laughs at the manipulation argument as he says his numbering technique tell him all he needs to know.

He is very bullish on gold going forward especially the second half of the year, but does see a downtrend starting on Mar.9 lasting until mid June and then rising again.

With all the financial challenges were are seeing daily, that are likely to escalate over the next few weeks, it's very hard for me to to accept that a possible 3 month downtrend could occur. However I've learned to never say never.

SFMI has never followed the pm prices that closely. With plenty of great news in the pipeline, the next few months could be very interesting.

I do know someone who is going to visit the mill this Tuesday the 10th, so I look forward to his report. The unofficial start up I last heard was for Mon. the 14th.



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