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

To: Frank Pembleton who wrote (2422)	3/13/2002 10:11:31 PM
From: Canuck Dave	Read Replies (1) \| Respond to of 39344

You care to elaborate? "investor psychology, the pursuit of happiness and the bell curve"". What the hell does the bell curve, more accurately a Gaussian distribution, have to do with it? Lucy, you got some splainin to do! CD

To: Frank Pembleton who wrote (2422)	3/13/2002 11:44:16 PM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 39344

That's a cool analysis of the problem! We need the economy to start to smoke and put pressure on inventories and demand in general. Then gold will respond. I believe, like you, that earnings forecasts are baloney and they are a false and misleading metric. You have to buy companies that either have an industry position or have an industry asset that fits with someone else. That's the game. It's the Buffett franchise idea that can be applied across the field.