Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Yogizuna who wrote (9512)	3/18/2002 9:54:44 AM
From: Frank Pembleton	Read Replies (2) of 36161

Yogi, there's an old saying... 10% of your portfolio should be weighted in precious metals and pray that 10% doesn't ever work. The amazing thing about gold is that no one can predict the big move - it's a hedge against systemic risk. It's an insurance against an unfortunate surprise that no chart, lease rate, COT report or bullion buyer can predict. Our eyes are on Japan, but I predict the real move in price will be led by Americans. Regards Frank P.

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