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To: Sunny Jim who wrote (80452)	3/14/2001 4:36:48 PM
From: parcival	Read Replies (1) \| Respond to of 436258

Hey stock, I don't blame you. I, too, have a ton of NEM and am kicking myself for not selling last THurs @ $19.25. Would love to see some action in these gold stocks. Where do you plan to sell your NEM - >22?

To: Sunny Jim who wrote (80452)	3/14/2001 6:14:56 PM
From: KyrosL	Respond to of 436258

I think gold should be used only as a hedge against an inflationary or dollar catastrophe -- I use it this way. The only way that gold can recapture its old aura is only if people in the developed world start investing in physical gold -- as opposed to buying gold stocks. I don't see that happening. For example, we are ten years into the devastating bursting of the bubble in Japan, and financial and real estate assets there have been decimated. Yet there has been no rush to gold -- people are content keeping their money in postal savings accounts earning nearly 0% interest. I think European and American investors will behave similarly in a deflationary environment.