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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: PAUL ROBERTSON who wrote (10611)3/8/2001 3:09:44 PM
From: sea_urchin  Read Replies (1) | Respond to of 80907
 
Paul: Re GOLD. Here's my 2c worth.

I own some. Not my biggest gold holding (AU is) but I'm sure it has good prospects, nonetheless. The stock has been the subject of rumors that AU would be taking them over at a price lower than the present ($4.3).

It is my view that gold shares have broken out of their bear trends of the past year and are making a price recovery. I also believe that gold shares are still oversold in relation to the gold price and so I expect the recovery (eg + 50% in price) to continue even though POG may increase by only a few percent in the months to come.