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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Claude Cormier who wrote (32047)11/4/2004 5:25:42 AM
From: Square_Dealings  Read Replies (2) of 39344
 
Claude

I would like to apologize for my rant the other day. I had just taken a large position in CEF and I believe many are under estimating the potential price appreciation of silver relative to gold.

The current premium of CEF for US investors I think is somewhere around 7.5% which I consider very reasonable given the mix of the two metals.

Anyway it doesnt matter because I think there will be many ways to skin this cat and I look forward to all of us doing well. CEF is one of 16 positions I hold in gold and silver stocks and when metals break out I think it will be a bit like throwing a dart to make money.

good trading

Mike
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