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To: UnBelievable who wrote (6177)7/26/2000 8:45:46 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
of course not...if you buy them now, you could either be in for a decent pop , or alternatively a long wait. if you look at the charts of these selections you will notice that some of them have displayed great relative strength during the recent XAU debacle....those are the ones to go with imo.

it's really hard to recommend buying something that has been in a 20-year bear market, because chances are that it will turn into a 21-year bear market. but even the bear market rallies in the gold stocks are eminently playable...they can be very strong. anyway, my strategy is to buy the stuff that looks good to me on a fundamental value or potential/gearing basis and sit and wait in the meantime. i regularly recycle the occasional bubble profit into miners which i buy on dips....note, there's no rush like a gold rush, as those with patience will find out...