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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (2415)	3/13/2002 9:44:46 PM
From: Frank Pembleton	Read Replies (3) \| Respond to of 39344

Claude... my strongest argument(s) for a big move in precious metals is something called investor psychology, the pursuit of happiness and the bell curve. My "prudent game" is one of taking a position in this sector before everyone else recognises that capitalism is in its destructive phase of never ending growth. I use precious metals as a method of protecting my net worth through this transitory period of stagflation, reflation, deflation and inflation. In reality corporate profits aren’t quantifiable and true profitability is something that’s impossible for anyone including the professional analyst to calculate – we can all agree that a balance sheet isn’t just a balance sheet anymore. Pro forma, GAAP and Greenspan's never end money supply expansion – tells us that we aren’t in Kansas anymore. Regards from Wonderland Frank Pembleton