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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (74068)1/20/2000 1:28:00 PM
From: DJessen33  Respond to of 132070
 
Elucidation? Gold is anything but lucid. Do you think I can figure out the gold situation with gold at 20 year lows, leasing, hedging, political intervention? NOT! Is gold a deflation hedge or inflation hedge? I have heard reasoning for both. The bottom line for me is "Buy low, sell high." as I play the inefficiencies of the market that some of the mentally challenged deny the existance of. I see some gold stocks lower than what they should be at what I think may be a low point of the cycle. Therefore, I like a couple of gold positions as a sector rotation play in a 90/10 portfolio. I believe gold will make another run in the next 6 months from either a inevitable market correction or due to inflation which is knocking at the door. Other resource stocks are already running...

DJessen33