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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%4:00 PM EST

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To: Ken Benes who wrote (73316)7/12/2001 1:38:27 PM
From: Claude Cormier  Read Replies (2) of 116753
 
<Gold bugs have been waiting for that paradigm shift for many years and could be waiting many more years.>

True... but we know that it is inevitable and that the gold discipline will eventually rule over the exuberant expansion of worlwide money stocks.

< Not the kind of anaysis that supports an investment in gold at this time unless you are a very adroit trader.>

I mostly agree... But gold stocks offers other opportunies. I am not talking producers here..which are good only for sharp traders until we get th bull going... but I am talking explorers... Discovering a deposit that can produce gold at $125 and below will always make your rich ..even with gold at $275.

And today, thanks to very low gold prices there are some bargains selling for a few dollars per ounce in the ground.
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