Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (811)	8/9/2003 9:20:08 PM
From: Wade	of 48092

I found this at CBS market watch: marketwatch.com It said: ".... The chances of accelerated inflation and a continued decline in the dollar have banks such as Merrill Lynch and Goldman Sachs starting to recommend 5 percent weightings of gold in clients' holdings...." My be you were thinking about if this is the time to take profit because gold shares appeared getting ahead of POG. I think this is just the beginning of average investors taking notice of gold stocks...because they found that this is the only bullish sector to invest. Finally, the big funds are changing their attitude about gold. If they turn bullish we should expect floods of money to get into this area. If every one put 5% cash on golds, we will see $600 NEM or ASA...<G>. Hang on your shares. We'll see much higher returns within a year. Hope to see someone post here if he sees Barron's made any comment about gold this week. Thanks and good luck. Regards, Wade

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