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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.67+5.0%Nov 10 4:00 PM EST

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To: E. Charters who wrote (71216)6/7/2001 9:12:37 AM
From: Frank Pembleton  Read Replies (2) of 116753
 
Bre-X did the mining industry, and Pacific Archipelagoes a world of good

I'm not sure about the "good" part, Bre-X reduced the reputation of gold and the mining of gold as something for the mentally challenged. "Good" if you see it hastening the demise of the carry-trade, which probably helped it along in the first place.

Anyway, I've positioned a certain portion of my portfolio in precious metals as a long term investment. I agree with SI board wisdom about inflation, and how to protect wealth.

Timmins, Matheson, Pamour, Hollinger...

BTW: I enjoyed the trip thru memory lane, I'm from Timmins, born and raised -- French Canadian, used to ride my Moto-X bike in some of the abandoned open-pit mines.

Question: I've heard the best way to create demand for the yellow stuff is to actually buy it and take possession. Does anyone have any comments about this site?

goldcurrencies.ca

Thanks EC for the nicely written post.

Regards
Frank P.
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