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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 248.41

+1.6%

3:59 PM EST

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To: Mark Fowler who wrote (123228)	4/8/2001 11:03:56 AM
From: re3	Read Replies (1) of 164684

mark there have been numerous posts on the clown free zone thread about how gold and gold stocks perform during bear markets. one of these posters researched hm which was around in the 30's and said that hm did extremely well. i will link your post to him and see if he can dig up an old posts which hopefully would provide some historical info for you. one thing that could be considered is the input costs to mine gold. if there is deflation, labour costs could be lower, meaning greater profits for the mines. my favourite gold play is actually franco nevada on toronto. this is because they are a royalty play and therefore earn income from not only gold but some palladium (ie they have a royalty from stillwater) and some oil/gas properties. last i checked they have round about 30 % of the stock price in cash.

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