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To: bambs who wrote (58704)	3/27/2002 6:17:13 PM
From: Dave	Read Replies (1) \| Respond to of 77400

bambs, When do you perceive that gold stocks will have "valuation" problems?

To: bambs who wrote (58704)	3/27/2002 7:17:49 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Hi bambs, thx for the post. I'll be watching gold. It sure has had an interesting ride. I'm still thinking of just putting in a small investment in Fidelity Select Gold. It's doubled since Nov 2000. My biggest fear is that I am already a Johnny come lately. If I take money out of my other funds and put it there, then I may be buying at a peak, especially as the economy starts to recover. I wish I had your faith in a 10 year bull market for gold. BTW, when was the last gold bull market? I can't recall any at all, especially after the dollar was unpegged from gold collateral.

To: bambs who wrote (58704)	3/28/2002 12:56:51 AM
From: ehasfjord	Read Replies (1) \| Respond to of 77400

I have found this rather interesting. Some time ago, some economist (don't remember who) stated that full economic recovery will not "really" occur until gold hits above $300 per ounce. Guess what, it has, (as I'm sure that you already know). I think that 911 + the middle east + other "upsets" have caused this to happen, and as "things" get sorted out you will see gold prices drop back down again. It would be a real shocker to see gold go up to $800 (as it did a long time ago) 'cause it indicates that the entire market will be going south big time! BTW, I own a few shares of NEM. Best wishes and thanks for the post!