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Gold/Mining/Energy : PHILADELPHIA GOLD AND SILVER INDEX: XAU

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To: brent hyatt who wrote (24)3/1/1997 1:45:00 PM
From: Wade   of 28
 
Hi Brent,
I enjoyed the ride as well. Invesco Strategy gold (FGLDX) holds mainly
junior precious metal stocks. These juniors has tendency to lag behind the seniors at the beginning of the rally. Usually the seniors became very over valued within the first few weeks. They will slow down and the junior will pick up the pace very quickly. FGLDX will be all right..IMO. However, it had a big holding of BXM last year which probably contributed the relatively larger return comparing to other funds. It may not be able to repeat the same history. However, I think the junior will out perform the seniors this year. FGLDX is a better pick IMO.

Regarding the Indonesian plays...I do not remember their holdings. I am heavily invested in Consolidated Silver Tusk(CKS.V). It is ready to take off. Please check their web site:

silvertusk.com

and the SI thread. You must do your own DD. You will know what I meant if you check the price chart. Take care.

BTW, you should call them to send the annual report. I received mine already...but probably threw it to the trash after I read it. Sorry.

Wade
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