Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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

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To: James H who wrote (245)	10/18/1998 12:16:00 PM
From: Larry Brew	Read Replies (2) of 48092

James, << adding to gold over time >> I had nem at $20, watched it bounce between 20 - and 22 a couple times, got nervous and jumped out at 22, only to see it climb to 28 or 29 shortly after. Can't remember the exact number. I decide to wait till it fell back into the teens, only to see support at about 22. Friday, I had enough. It held well in the face of bank rallys. I picked up 200 at 23.8 with brokerage fee rolled in. Plan not to sell as I believe next year will see 400 if Greenspan can't pull the economy together. Have some banks too. Playing it both ways. I think banks will do well until this whole thing falls apart which I believe to be mid to late Feb.99. I'm assuming the January effect will be the end of a small bull rally. I also bought 25 U.S. gold eagles to stash away. Awhile back I picked up 2 platinum eagles and 1 platinum maple, because I like their shine. They really have that strong proof coin look. <gg> I'll add to nem on weakness, from strength in the banks. That's my plan. Hope it unfolds as predicted. I'd like to get some gold maples in the future also. I'm pretty much cashed out for the year so will need to wait until Jan for that move. Larry Larry

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