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

To: yard_man who wrote (82188)	7/8/2000 2:17:46 PM
From: Knighty Tin	Respond to of 132070

Tip, I last sold it in the low 20s last Oct/Nov. Yes, I am crazy. I pretty much trade gold stocks and funds like ASA, in general, on their valuations with gold price one of the keys. Whether I use ASA or Anglo-american vs. North American producers depends upon relative value and, in the case of ASA, the discount. Typically, when gold is under pressure, ASA sells at a slight premium, so there is some room to make money even without a huge ramp up in gold price. I would add the second third low 14s, high 13s, fundamentals remaining fairly constant.