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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (8479)5/22/2004 5:10:24 PM
From: rubbersoul  Read Replies (1) of 313019
 
Call me a gambler, Claude, but I'm trying to aggressively accumulate wealth at the moment. I feel that the quickest way to do this is to own junior gold companies due to the profits leverage of unhedged gold miners to the price of gold. I learned this from you and others like Hamilton:

321gold.com

Since I started investing in junior gold companies a year and a half ago( Jan.03), my portfolio is up about 70%-75% (I lost 25-30% during this correction). During the same period, the price of gold has risen a little over 13%.

I am however getting closer to a stage where I would like to preserve some of my capital by owning gold.

Cheers,
John
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