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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Andrew who wrote (5375)6/13/2006 12:30:11 PM
From: Beachside Bill  Read Replies (1) of 48092
 
People change over time and takes decades...but I know the majority of the home builders have not had a loss in over 50 years... I know the demographics for the future and I know the potential risk in buying gold stocks when the price of gold goes up so does the price of expenses. That is a bubble in gold stock valuation (and all commodity valuations) that will bust just as big as the tech bubble.

BTW...5 mos housing supply is not a bubble...get interest rates above 7 1/2 and I'll start worrying. Demographics will take care of profits for now.

Notice housing again had another up year in prices. Like I said "NO BUBBLE YET"
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