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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Terry Whitman who wrote (87514)3/29/2001 1:16:08 PM
From: maceng2   of 436258
 
Terry,

You adding any PDG then?

If the DOW and the NAZ continue to deteriorate, and I continue to make money on poots and shorts, I will be buying gold miners (including PDG) as I eventually have to convert profits to pounds sterling. The dollar may weaken. Gold (and by implication the miners too) is a stable international currency whatever happens imho.

Question is... Will anyone else catch on to the idea?

The chances must be appealing to many doubters. It will only take a small perturbation in the current climate to send gold prices spireling upwards, and bring new meaning to the words "It's a GOLD MINE"

I was talking to some one today who had elderly relatives who kept gold mining stocks since the '30's. The point to dump them is when the bubble starts to re-inflate. Some years off I anticipate -g- Of course, the CB's want to keep the attraction away from gold. Just like Greenspan said.... "We know it isn't going to be easy"

I'm only a j6p investor/trader, so I know little of the real situation. It make sense to me though, and that's what I go with.

You don't have to be Austrian to like the chances here -g-

pearly.
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