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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (8162)	9/18/2001 8:44:21 PM
From: Tommaso	Respond to of 23153

Supporting my last post (as of 9 p.m. EST, 9/18/01): kitco.com

To: Tommaso who wrote (8162)	9/18/2001 10:10:19 PM
From: Second_Titan	Read Replies (1) \| Respond to of 23153

Tommaso You Gold Bug Basher! I am quite happy with my KGC & FASGX its the only thing in my long side that has not gone down! In all seriousness, if gold cant be a safe haven now I dont know when it will be. Maybe the next bull run will spur demand on gold jewelry? Who needs gold when you can short KWK?

To: Tommaso who wrote (8162)	9/18/2001 10:50:48 PM
From: kodiak_bull	Respond to of 23153

T- Concerning gold, I am surprised we don't have a stronger move in the gold mining stocks myself. I'm not sure exactly when SI SD became a gold thread but I believe it was about 14 months ago. If you look at a chart for NEM, one of the gold bugs' favorites, from the time they started touting gold (call it July/August 2000), then you have a share price going from about $21 down to $13.50 or so, up on a sharp spike in May of 2001 to $24 and today it sits at about $22.30. So, assuming you bought when the call went out, you're up about 6% for 14 months. Of course the gold guys will retell the story that they doubled down at $13.50, sold it all at $24, then reestablished positions at $18.10 or so and you may wish to believe it. siliconinvestor.com As I noted at the time, I wasn't interested in investing in gold primarily due to my own laziness as it seemed you needed to follow the story through quite a bit of conspiracy style twists and turns. Had someone told me of the WTC bombings in advance I would have invested, and like you I am surprised there hasn't been more of a move in the gold stocks. Maybe it will come when the bombing starts. You know, it's interesting but the gold index itself, viewed from the roughly 14 month perspective from when the gold bugs began, has gone exactly nowhere, to date. Interesting, eh? siliconinvestor.com I'm much happier with my builder short positions (HOV TOV WLT AHMH) which I put on in the innocence of August. JimP has done a great job of bringing to light short opportunities in KWK and PENG. And, since oil drillers have been so good to me in the past, I'm pretty focused on watching the OSX fall this autumn and hope to have invested in selected companies later this year when they have gone completely oversold. Kb

To: Tommaso who wrote (8162)	9/20/2001 9:25:00 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 23153

Hi Tommaso, My gold's fine , just waiting for some irrational exuberance ;o) What about FAX. Now that it's dropped a bit after the dividend what do you think ? Are you considering adding, holding or are you out. As long as other countries continue to match US interest rate cuts the US dollar stays pretty strong. I'm finding it hard not to look at some of those trusts that have good hedges in place like primewest (PWI.UN:TSE), but I'll probably wait longer. regards Kastel a cute, cuddly (and dull ? :o) Canadian