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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Bill/WA who wrote (94086)1/16/2002 1:44:05 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
I may be unduly influenced by Earlie, but for many reasons that we don't need to rehearse again, gold's hour may have finally struck, at least for a year or two.

My feeling is that more and more mutual funds may want to include a gold stock, and that NEM might well be their choice, for size and liquidity of trading.

I'm not enthusiastic about gold for a longer period than that because ever-increasing production efficiencies can probably produce as much gold as anyone can buy at the price it's now at.

But there could be a severe loss of confidence in banks, or in money, or both and I want to be hedged against that. I would take the NEM stock myself. Hope whatever you do works out. Wish I had bought FNM when I considered it.