Heinz , thank you for the prompt response.
I agree with your points, not being a gold bug i have only come to the gold stocks (at a slow pace ) since December with spread out buys. Before that i had bought only one gold stock ever, BMG, last July, at around 2.25 , only to see it go to 1.40 and then , he he , swing back to 3,50 in OCT-Nov. Did me good, sold in two parts, at the high and the other half on the way down near 2.50. Now , for the time being, i am at the bottom, although the negative sentiment is supreme with no lack of "gold is a dinosaur" kind of posts and essays around. Except for the die hards, every body hates it or is utterly indifferent. That should be my answer right there.
Best to you,
Stephan
PS reading the headlines on the nikkei?
<<Doubts about the Japanese recovery dodged the yen>>
Now please explain to me why the nikkei is up 2%+???
I guess it is like Fleck said in yesterday `s rap, growth, slowdowns, recession, depression, higher rates , lower rates, it`s all bullish. Buy em all ...<sad g>
sg |
