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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (1244)	6/5/2001 3:07:08 AM
From: lbs1989	Read Replies (2) \| Respond to of 4051

"I reserve the right to be wrong" Good motto Bob and thank you for your 4 recent posts to me! I think I am going to adopt your motto. Your portfolio has compelling reasons to own each stock. I think I have read recently that there has been some insider selling of IAMGOLD and that they have some hedges into 2002? You are still happy with them? The portfolio you mentioned in post 1244 has done very well. Congratulations! I have read that when Kodak published their first quarter results in April sales were down 7% as a result of slowing economies and increasing digital use. They also said they saw no end to film's decline. Kodak is said to be the single largest consumer of silver at 75 million ounces per year or about 9% of total market demand. It was also mentioned that Kodak had covered all its silver needs for 2001. Silver and gold were both monetary metals. Today the emphasis is on industrial and commercial uses like any other commodity. On a commodity basis things may not look great but if the boys "guiding" todays worldwide fiat money system loose the bubble then IMHO the monetary price potential of these two metals is very bullish. The question is WHEN!! Again thank you for your thoughtful and informative posts! Best Regards,