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To: long-gone who wrote (43665)10/24/1999 12:54:00 PM
From: Robert Dirks  Respond to of 116759
 
I wish it would trade in a more "Normal" sense, but alas not......

IMO you have to buy in and hold your gut. All the major gains may be made in a couple of weeks, and it would be expensive to get in then...... Just wish I had an idea when........ Y2K may be a clue, but the "Manipulators" probably have the obvious points covered, or maybe not.......

RD



To: long-gone who wrote (43665)10/24/1999 1:19:00 PM
From: Robert Dirks  Read Replies (2) | Respond to of 116759
 
There was a PM fund Manager interviewed on Investing-Online program on Saturday.
I must say he sounded like he knew what he was talking about (VERY few I hear do).

He mentioned the Unhedged darling Agnico Eagle and their advertised production cost of $275. or so per ounce.

NOW, he said when they did the actual calculations, AGE would only start making a profit with $400. Gold. Go Figure.......

Imagine what the numbers must be at the BARRACKS?

AH well, don't matter anyways since the POG is going to $650. +++.