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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (91084)5/22/2001 4:57:44 PM
From: rails99  Read Replies (1) of 95453
 
Iso: OT/ Gold/silver.

You still all long term or did you sell a little? I am holding for the long term and not trading/selling much at all. Slider may not think I did right, perhaps you, too! But I think the funds will have to pay well for my metal shares, not giving it to them at this price. Maybe frugal investing is stupid investing cause I know I am probably wrong here, as is often typical for me.

Read a piece about how IMF thinks Europeans are holding up the dollar with inflows from Europe to US markets (not bonds either). That all will stop one of these days and that is when buy and hold gold/silver will pay us good returns. A guy on kitco discussion group (Nick@C)reminds all that patience is a true profitable virtue to practice. I tend to have to remind myself to not trade so damn much, so I did not sell. Well I did sell HM and bot more CDE today. My reading leads me to believe that silver may pay well by October; perhaps even more, than the yellow may yield to us.

Would not it be just great for the NAZ to just skyrocket here or what? The bigger they are, the harder they fall.

Hope all is well;
Rails
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