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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (11657)5/3/2002 12:18:53 PM
From: ldo79  Read Replies (1) of 36161
 
ISO

Somewhat OT

My favorite contrary indicator is my brother's financial advisor who forbids my brother from owning anything related to gold. I send this guy daily articles touting the virtues of the "barbaric relic" and get back the usual negative BS - "worst investment for the last 20 years", "it's not money anymore", the CB's are going to start selling soon", "only god for fillings and jewelry", "tastes bad", etc, etc.

My brother and I compared net worth about 18 months ago, when I went 100% PM's. We were at about 3:1 (his to mine). About 6 months ago we reached equilibrium and we are now 1:3.

As they say - the trend is your friend.

Regards,
ldo79
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