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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.34

+3.7%

Jan 5 4:00 PM EST

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To: goldsheet who wrote (94479)	4/9/2003 5:59:58 PM
From: re3	Read Replies (2) of 116842

<<<Gold stocks remain somewhere between a offbeat niche investment (always speculations, IMHO) and a refuge for outright lunatics, conspiracy theorists, self-promoters, and folks off their medication. - Do you not at all take seriously the possibility of an Islamic Dinar ? A country backing their currency with gold at some point ? - are you sure about what pension funds invest in ? i happened to do some temp work for a major pension fund up here years ago, the manager (he actually contracted out the stock selection to different firms) acknowledged to me there was "some exposure" to Bre-X...and I think Canadian funds would invest some in TSE index funds... - Bre-x was actually included in one of the TSE indexes...imagine, including a stock that hadn't sold a nickel of merchandise...a broker once had a map of Indonesia on his wall...that was reality less than 10 years ago...

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