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Gold/Mining/Energy : Gold Price Monitor
GDXJ 118.97-0.9%Dec 24 4:00 PM EST

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To: goldsnow who wrote (3050)11/11/1997 5:58:00 PM
From: Richnorth  Read Replies (1) of 116823
 
Hi goldsnow,

What you wrote makes sense. However, I am not waiting for the $700 gold to return. As long as I can get back my investment plus, say,
~10%-15% return, I will be quite satisfied. Tall order, eh?

Fortunately, I don't have to dip into what I have invested. I hope this will hold good for another couple of years. An article at www.gold-eagle.com says that gold will peak in the year 2003!

Don't quite understand what you mean by gold being bullish even if it goes below $300. I suppose you have shorting in mind, eh?

Richnorth
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