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Gold/Mining/Energy : Alta Gold

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To: Dwight Taylor who wrote (570)	4/4/1998 1:32:00 PM
From: Francois H. Gaston	Read Replies (1) of 749

Barron's Cheryl Strauss Einhorn did it again in the "Commodities Corner": After blasting gold as lousy investment early this year, she went on criticizing Peter Munk's speech in Davos Switzerland as a "Goldpec" type of move. She had 3 choices for the 1998 "gold problem", in this week's Barron's. 1) talk down gold and gold investments (that would have been bullish) 2) suggest that gold and gold stocks is the way to go now (that would have been bullish, but not as much as 1) and 2) 3) ignore gold altogether (that is what she did and that is bullish in view of her background as being negative about gold). She talked about oil instead! Great... time to load up on some more gold. Is Barron's take on gold a "casual mistake"? Or is it manipulation? Or simply incompetence? (In Germany and Europe: they talk about gold and suggest to invest in it, right now,... and suggested that 1 month ago despite local CBs gold selling!). Interstingly enough, here are the performances for DOW, XOI and XAU this year, and to this date... Data from (a) beginning of 1998 to now followed by (b) From 1998's low to now DOW (a) +14% (b) +19% XOI (a) +7% (b) +17% XAU (a) +18% (b) +42% and the XAU is ze weiner I guess gold was a bad investment at the beginning of 1998 and is still a bad investment... Let's short gold and gold stocks, right away... especially because the XAU is making higher lows and higher highs recently...rofl... And make sure nobody buys this coming commemorative "Millenium-Year 2000" gold coin designed to take 500 to 2000 tonnes of gold off the market. Puuleeeese! don't buy it: that could be bad for your financial health.... gggg Beware... gold is bad for you!

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