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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (6105)	1/6/2002 6:31:01 PM
From: isopatch	Respond to of 36161

M. Right. We've talked about that a lot this year. There's a strong anti-gold bias that's been around western left liberal governments for many years. They consider it a threat to their agenda of buying votes with huge wasteful government programs that gradually increase the size of government share of the economy. When I was in HS. in 1960, gov share of GDP was something like 16% . In recent years it's into the mid 20s. This is by definition, "creeping socialism". But it's politically incorrect to say so or point it out. So it's almost never mentioned in by the press or media. My first serious investment of any kind was in the early 1970s. Bought quite a lot of old Double Eagle 1 ounce US gold coins. Owning bullion back then was illegal as it had been since 1933, but you could own "numismatic" coins . In late summer of 1973, was able to buy those coins at $83 each. In the years following that, got a huge run. Enough in fact to make the down payment on my 1st house. So, although I'm out of the gold stocks for the moment, I've followed the precious metals longer than any other market and am looking forward to getting back in for the next runup. Just waiting for my work to tell me it's time. Frank set the thread up for more than just the energy stocks and the precious metals. We want to be open to looking at other sectors. So please feel free to share your ideas even if it doesn't appear to be the focus of recent discussion. A lot of folks have different styles of trading, analysis and groups of stocks they are most comfortable holding forth about. We like to encourage some diversity here. So please feel free to make mention of what you're fav areas are, DD methods. Things you avoid when screening stocks etc.. Again, welcome to our thread. Isopatch

To: mishedlo who wrote (6105)	1/6/2002 7:01:17 PM
From: Sunny Jim	Respond to of 36161

<<I have noticed every time NEM starts to rise they crush it>> "they" recently has been NEM management themselves. It seems that when the stock tries to go up, they have increased their bid for Normandy. Take a look at NEM's performance compared to XAU from the time they announced their acquisition of Franco-Nevada and Normandy. The market has voted and told them that they value what they are paying for Normandy as too high, ie, by depressing NEM's stock price. l guess NEM just wants to buy those companies regardless.