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Gold/Mining/Energy : Precious and Base Metal Investing

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To: loantech who wrote (6018)12/16/2002 10:55:32 PM
From: Bruce Robbins  Read Replies (2) of 39344
 
Hi Tom:

I meant that there was probably some disbelief in the gold rally by investors. Over the last few years, most guys I know would pick a gold stock up when it was low and sell it as soon as they got 5% or more. Perhaps they preferred to pocket the profits this morning because they did not believe that gold would keep going up. Old habits die hard.

The USD is taking a hard hit right now. I guess the Asians don't want to hold it. I wonder what they are buying instead? Hoping to see gold rise some more tomorrow... It would be nice to see it pass $350 and not look back ;)

Bruce
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