VOLTAIRE'S PORCH-MODERATED Message Board

STOCKTALK

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (51723)	5/20/2002 12:32:19 PM
From: t2	Read Replies (1) of 65232

So are you buying gold and silver? Hi Jill, Just Gold so far. However, unlike JW, I see the possibility for a Dow gain as the US$ declines; investors taking money out of bonds and into gold, stocks (US and international). Looking to buy the biggest multinational stocks that can gain from a weak dollar...but have not yet...might start dollar cost averaging today or tomorrow AM. It would be a flight to quality trade but not the type we saw in the 1990s. I see a good strategy being buying a lot of gold stocks along with some multinational stocks (Dow type of names---also interested in European and Asian stocks of that same type). Just looking for anything that would work in a weakening dollar environment. Gold looks like a great bet but have to keep an eye for when the US$ hits a near term bottom. That would be time to take some profits on the metal.

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