Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (14692)	2/9/2002 11:07:47 AM
From: Moominoid	Read Replies (2) of 74559

I might have a 5% NAV exposure to gold stocks, but I'd need to go check what the fund managers allocation is. I don't pay attention usually and they only let us know once a year. But I remember global resources fund was about 30% gold and the small cap funds had about 15% resource stocks of which again 30% might be gold. You know back in 1980-1 when the gold price was soaring I was very interested in gold - I got brochures on Krugerands and things. Luckily I didn't have any money to invest (maybe I had enough for one Krugerand - I was only 16) or I would have lost it :)

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