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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Jon Matz who wrote (6410)	12/26/2002 9:31:23 PM
From: Tommaso	Read Replies (1) of 39344

BEARX is up about 60% for this year, and is not only short but also in gold. The only funds that have done better have been a few purely gold funds. Of course my timing could have been better, but being up 150% (via puts and energy investments) from 2-3 years ago sure beats being down 40% or more. I may not sell PAAS tomorrow after all, but I am certainly impressed with what digital imaging technology now does. And it can spread rapidly even in China. I lost an enormous amount of money on silver, starting in about 1987. I am beginning to think maybe even Buffet and Fleckenstein may be wrong on this one. But I am not being hurt much this time--in fact, am well ahead on PAAS, CDE.

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