Precious Metals mutual funds (gold, silver, PGMs) Message Board

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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Wade who wrote (809)	11/22/2003 9:32:56 PM
From: Dan P	of 972

I own a couple of funds, American century and Invesco. A letter I subscribe to (growth Fund Guide p.o. box 6600, Rapid City, SD 57709 phone; 605-341-1971) has been around for a long time, and they have been bullish on gold funds for about 2.5 years. They are also high on Asian funds, and have been of the opinion that the US market is in a long term bear market, and they don't advise investing in it for now. Their favorite funds area; Gabelli, Tocqueville gold, American Century Global bold, and US world precious minerals fund. Both Larry and I are heavily into Canadian and US gold stocks, and the funds represent only a small portion of my investments. I have IRA's with Fidelity, and have it all in FSAGX at the moment. The drop in Ivanhoe and a few others was expected. They have gone straight up, and had to correct. I have recently sold a lot of gold shares, and will stay in cash until I see a good opportunity. I think the gold funds could continue to rise, however. Regards Dan

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