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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jimsioi who wrote (8288)3/5/2003 3:59:08 PM
From: jrhana  Read Replies (2) of 39344
 
jims re RGLD

Yesterday I sold my ABX and put the money in RGLD (with a little push from Eva).
So far it is the star of the day for me.

I just used my intuition that this was a gift and that the article in Barron's was a hatchet job.
After all the P/E ratio of AEM is 223.33.

finance.yahoo.com

P/E does not meant anything for PM companies I believe. The best time to buy is often when they have no earnings at all.

news.goldseek.com

messages.yahoo.com

Meantime the shorts are scurrying for cover, and I am enjoying the show. We will see how far it goes.

I imagine it is still cheap.
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