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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (40584)5/22/2007 5:02:59 PM
From: loantech  Read Replies (1) of 78421
 
Pescod is pumping double star today. <G>

They also had this to say about gold and base metals etc from Don Coxe:
To us, the one piece that’s absolute must-reading every
month (and there’s lots of business reading everyday) is
Don Coxe’s Basic Points. The Canadian based out of Chicago
with Harris Group and BMO puts out a 30 to 50-page
view of the world that is amongst the most perceptive
pieces you will come across. (For the first half of the current
issue, a PhD in economics might be required).
Amongst his investment recommendations for this
month:
1. Remain substantially overweight the base metal
stocks. As we have been saying for four years, these
are core investments and will continue to outperform
almost all other stock market sectors.
2. Retain a strong position in the Alberta oil sands producing
companies. They are unique assets, now that
Hugo Chavez has, in effect, taken development of the
only other major oil sands properties off the table for
private sector companies.
3. Remain overweight the gold mining stocks and the
gold ETF. When gold breaks through $700 the next
time, it will be ready to challenge its all-time high…
4. Reduce exposure to banking and financial stocks.
5. Continue to build exposure to agribusiness…
6. Reduce bond exposure all three ways... (Coxe is a
believer that inflation may be about to be going the
wrong way, particularly if you own bonds).
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