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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (10104)	10/2/1999 6:17:00 PM
From: SwampDogg	Read Replies (1) \| Respond to of 36688

I was thinking about something today and I think that it is quite important... It seemed to me that gold stocks did not perform as well as one might have expected especially on Thursday and Friday. I asked myself what the average investor would so if they really wanted to get into gold. I came up with the following... #1)Sit on their hands to make sure that it is for real... #2)Ask their IA what they should do... #3)Put some money into a PM Mutual Fund... Most investors will not buy individual gold stocks. PM funds have been dogs for the past few years and they have no cash laying around to buy stocks. In my opinion there is going to be a window in here where AU could rise and gold stocks will underperform because the capital has not been placed into the PM funds. Stocks like MAE-T and K-T which will be favoured by managers will take off when the PM funds finally have some cash to play with. There will also be a lot of rebalancing of PM stocks in Mutual Funds as managers seek the best investments for the next wave. I would not be surprised to see some of the bottom tier exploration companies dumped and the money invested in other places. For example...Midland has been selling VEN-T this week...that might be such a move as a fund might take that money and move it up the food chain to a TVX or a K. I am looking forward to the next few months...