Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: SOROS who wrote (380)	6/12/2002 2:19:13 PM
From: Jim Willie CB	Read Replies (1) of 89467

taken from Slider: Fidelity Johnsons own 20% of Newmont / jim The famous "Johnson" family which owns Fidelity have been one of many old/big money families personally accumulating HUGE "personal" positions in gold stocks. There have been a couple of articles about a rather large well connected group of some of the biggest old-money families in America not just "hedging" portfolio's with gold stocks - but, accumulating very large positions. ...ironic that these very well connected folks; seem to be a bit more worried about the present market valuations & the global geopolitical environment...than their minion market pundits. The pundits poo-poo and talk GOLD down - all the while America's wealthiest and best informed familes have been quietly accumulating HUGE positions ! whodathunkit ? re: biz.yahoo.com Abigail Johnson & Edward Johnson III are both 10%+ beneficial owners of NEM !

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