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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Richard Mazzarella who wrote (34)3/19/1998 12:06:00 AM
From: kimberley  Read Replies (1) of 972
 
Ah ha! We're on the same wave length there. I've looked at RYURX, and also shorting DIA. I haven't really considered a gold mutual fund, although that's a good idea. What I've done recently is
buy abx, nem and sometimes some others when I think gold is going to have a good day(s). Spotting the short term moves has been easy for me... but it's the long term play I'm stimmied on. Basically I think I'll play the producers, let a bull get established and add jrs. However, I've had the feeling for a while that we're going to have one big whammy before the trend can reverse... and thus I find it hard to trust any moves up. Are you going to trade the fund, or will you be committed when you buy? What signals are you looking for?

best,
kim
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