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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: TheSlowLane who wrote (6271)11/15/2006 12:10:30 PM
From: Louis V. Lambrecht  Read Replies (3) of 48092
 
I also do believe there is a second chance.
Unfortunately I should say.
Still thinking that, if the market tanks, there would be a rush to cover and oversupply of *any* shares, even value shares.
Same if the housing bubble bursts as there are so many mortgages with no house equity, lenders would have to sell everything they have.

But the reaction could as well be "go with ASA" as 20 years ago.

Or, as the paper market for shares goes to paper heaven, there could as well be a rush of the healthy for physical PM and as this is a small market, shares of PM companies could rise as a substitute.

Always my same doubts.
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