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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (169434)5/31/2002 5:05:25 PM
From: yard_man  Read Replies (1) of 436258
 
man, I'm all goofed up -- I see what you are saying now (I think).

I was simply thinking that whether or not ASA traded a premium to the NAV would be a good timing deal in and of itself. Guess that's hogwash if what you posted is loosely correct.

Have a rationalization (is that a word) or an explanation as to why we should expect this behavior you describe -- i.e. a discount on ASA means the POG needs to move up to close the gap between the miners and gold?

Ur starting pt being that the miners are overvalued or that gold is the absolute??
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