Track Record

----- Original Message ----- From: Global Futures office@wallstreetcourier.com
Newsgroups: misc.invest.futures,misc.invest.misc,misc.invest.options,misc.invest.stocks,misc.invest.technical
Sent: Saturday, February 03, 2001 9:19 PM
Subject: Why you should buy gold mining stocks!
> Find out why gold mining stocks will outperform in 2001. > Technical Indicators for Option Traders, Market Timers and Commodity Traders > like NYSE Member Trading and Traders Commitments Charts, Odd-Lot Short Sales > and Put/Volume Ratio, Call/Put Ratio and High-Low Index. > Market Behaviors, Indicators, Techniques and Strategies for Day Traders. > > Wall Street Courier > www.wallstreetcourier.com

1) The problem of the Internet is that you have as many gurus as financial web sites and you don't know whom you should believe. We would nevertheless like to give you seven reasons why you should take a closer look at gold mining stocks. The chart below shows you the spread between the gold price and the Barron's Gold Mining Index. Since we follow this indicator - back till 1988 -, the Barron's Gold Mining Index has never traded below the price of gold. It suggests that gold mining stocks are heavily oversold and should be ready for take-off. Our subscribers are already long since more than one month, but in our opinion it is not too late yet to jump on the bandwagon. Send this page to a friend - she/he might appreciate it.

2) The Short Positions of Commercial Hedgers in gold futures - as shown in the Commitments of Traders Report - show one of the lowest readings for many years in this commodity, which is extremely bullish. The last time the readings were that low was in June and July 1999, shortly before gold exploded to the upside.

3) The Long/Short Ratio of the Commercial Hedgers in gold futures - as shown in the Commitments of Traders Report - shows that the commercial hedgers are loading up and are heavily long which is also an extremely bullish sign. The last time it was like this was in June and July 1999, shortly before gold exploded to the upside.

4) The Short Positions of the Large Speculators in gold futures - as shown in the Commitments of Traders Report - show one of the highest readings for many years in this commodity, which is extremely bullish. The last time the readings were that high was in June and July 1999, shortly before gold exploded to the upside.

5) The Barron's Gold Mining Index shows a typical bottom formation. Components are: ASA Ltd.(ASA), Barrick Gold (ABX), Echo Bay Mines (ECO), Freeport-McMoRan (FCX), Homestake Mining (HM), Newmont Mining (NEM) and Placer Dome Inc (PDG).

6) The XAU Index shows a typical bottom formation. Components are: Anglogold (AU), Agnico Eagle (AEM), Barrick Gold (ABX), Freeport McMoRan (FCX), Homestake Mining (HM), Meridian Gold (MDG), Newmont Mining (NEM), Phelps Dodge (PD) and Placer Dome (PDG).

7) The Short Positions of Commercial Hedgers in silver futures - as shown in the Commitments of Traders Report - show the lowest readings for many years in this commodity, which is extremely bullish.