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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (21364)	10/15/2000 11:19:44 AM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Ken, when everything else goes down, gold goes up. But, there isn't any catalyst right now to substain a rush to gold. The dollar remains strong relative to all other currencies. Weakness in gold will continue as long as the European banks, who currently own almost half of the world's gold supply, continue selling gold. I'm thinking of moving into cash next week. My two largest mutual fund holdings, Galaxy Utility and Fidelity Natural Gas have done very, very well. I think it's time for something else, but haven't a clue as to where to invest just yet. Patiently looking for ideas. Sergio