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

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To: Cogito Ergo Sum who wrote (22943)10/17/2010 8:38:50 PM
From: Mike M21 Recommendation  Read Replies (2) of 48092
 
I figure that eventually gold stocks will be in favor as the price of gold continues to rise in response to currency devaluations on a global scale. We have a whole generation of money managers who were taught to disrespect gold- this will change. I agree with Richard Russell that the gold bull will not end until it reaches the mania stage. There's no fever like gold fever. To paraphrase Jesse Livermore the big money is made by being right and sitting tight . Livermore noted that very few traders were able to do that.
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