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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: Richard Mazzarella who wrote (38713)	8/10/1999 10:46:00 AM
From: Robert Rose	Read Replies (7) of 116773

Confessions of a gold convert: <There's money out there with no place to go, the stock market's currently spooky and interest rates are rising. Maybe gold's a ?new idea? under the current circumstances? > I'm the perfect example. For the last 20 months, I've invested in internet stocks exclusively. It's what I knew, and needless to say, I profited from it. However, after watching the hot air baloon of my portfolio deflate 45% from mid apr to mid june, I began liquidating. As of last week, I was 99+% cash. I was faced with watching the paint dry as my money market funds earned interest, or looking for alternative investments. I don't know too much about gold yet, but don't see a lot of downside here. All fundamental factors point upward. So it seems like the time to venture out from the internets and learn about a new investment arena. Bot 4k nem yesterday 20 3/8. Bot 4k more nem today 20 5/16. Any comments?

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