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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.30-0.5%Dec 12 4:00 PM EST

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To: Bobby Yellin who wrote (4486)12/21/1997 4:00:00 PM
From: goldsnow  Read Replies (1) of 116814
 
Contrarian approach to resource sectors...

"The Rothschild team is positive about the energy and metals
(particularly aluminium) sub-sectors, but less enthused by gold and
diversified companies, like BHP."

afr.com.au

My personal bias is gold is not "pure" contrarian investment at this junction, rather gumble on geopolitical view that dollar would never be accepted as "king"
a safe assumption. Looming EMU problem gives credence to this view, beyond the philosophy-buy low. Aside from this an absolute bottom cannot be predicted in any even "safe" investment
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