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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (56937)	8/2/2000 12:32:27 PM
From: Alex	Respond to of 117016

What Gates and Buffett are doing next... Dan Ferris Would you be interested to know what Bill Gates was getting into next? Or what Warren Buffet was planning on buying next? If you found out, you’d buy it too, right? I would, too. I can’t tell you what Gates and Buffett are up to, but I do know what Enron is doing next. And that's just as good. Here's why. Houston-based Enron is the one of the leading energy companies in the world. Since 1983, the stock has gone up over 2300%. And they’re still finding new opportunities in the hard asset markets. Enron got in front of the trend in natural gas deregulation, and today it is the largest marketer of natural gas in the world. Enron saw the same thing happening in electricity and is the world’s largest marketer of it now, too. Enron makes the markets. It buys and sells gas and power all day long, all around the world. It doesn’t care if the prices are rising or falling. It sets the prices. It makes the middle. It comes, it sees, it conquers. Earlier this year, Enron announced it was going to enter (read conquer) the bandwidth trading market, filling fiber optic cables with data, much the way it fills pipes with gas, and wires with electricity. The market saw this as its next killing and Enron’s stock went up dramatically and stayed up on the news. When the NASDAQ was shedding 34% earlier this year, Enron barely moved. Enron is a great investment because it always knows what to do next. So what’s next? Metals. Several weeks ago, Enron bought MG Plc, one of the ring dealers on the London Metal Exchange, the pre-eminent metals exchange in the world. The ring dealers are able to participate in the open outcry sessions on the trading floor. The ring dealers make the market, establishing buy and sell prices. Exactly what Enron already does with natural gas and electricity. Enron got into natural gas, and now it’s the fastest growing fuel source in the world. It got into electricity, and now the Internet is causing us to use so much electricity that we’re literally running out of electric power capacity in the United States. Enron is full of smart people. They know what to do next, something every investor always wants to know, but rarely has credible sources to work from. Enron is a credible source, and it’s time to buy metals. That, in fact, is one of the things we’re doing in the pages of Real Asset Investor. We’re presently holding a portfolio of small metals mining stocks called the Global Exploration Mining Stocks portfolio. GEMS, for short. It is listed on page 12 of every issue. 9 of the 10 stocks are still buys. We’re also holding a buy-rated company that owns 50% of Amplats, the largest platinum miner in the world, it’s largest revenue source. It owns 50% of AngloGold, the largest gold miner in the world. And it has six other growth businesses in metals mining, some of which will achieve triple-digit earnings growth this year. The company is making so much money, I expect this stock’s price-to-earnings ratio to fall, even if it rises as much as 50%, which I think it will do in the next 12 months. A stock that gets cheaper as it goes up, a stock investor’s dream. It is paying a handsome yield, about 5% at current prices. It, too, is listed on page 12 of RAI every month. Take it from the people who make all the real money in hard assets. Take it from Enron: buy metals. dailyreckoning.com