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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (10351)5/5/2002 7:38:34 PM
From: bill  Respond to of 10482
 
Hey KastelCo,
Good to hear from you. Yeah, like the rest of the world I'm
taking a flyer on gold stocks. I've bought and sold K and
BGO a couple of times. Trying to take some cash out of the
till--ca-ching, ca-ching. Hopingthat the price of G goes
up and up so that some of my penny losers that are now
wallpaper will come back. Used to be a penny gold stock
called Roxmark. It was like going to the bank and taking
money out of the machine. Luckily I sold off before it
stopped production because of the gold price. If gold goes
over 350 maybe it'll come back and I can make some more
withdrawals.

Nine dollars. Hmmmm! Maybe, maybe not. Certainly would
be nice.

I occasionally use a broker. Not sure why anymore. Never
got a call in the last 12 months saying it was time to
buy gold stocks. Did get a call a month ago saying Telus
looked like a good buy. I checked my TA and the chart was
dreadful. Said, I don't think so.Since then T has dropped
like a rock. Better to be in gold right now. Nervous, of
course, as we've seen too many false rallies over the last
decade. Finger on the trigger--ca-ching, ca-ching. Could
miss the big runup that way but less chance of catching
the big rundown. GATA is finally having an impact, I think.
Nobody was listening to them--wacko conspiracy nutbars was
the response. Now, with Argentina, Japan, the US dollar
starting to look shaky, the Middle East (our good friends
the Saudis using our money to pay suicide bombers and
flying lessons, never mind Israel and neighbors), the
very serious question of why any central bank would advertise, in advance, large sales of gold when it was
obvious it would drive the price down, etc. etc., but
GATA is starting to be listened to.

Nine dollars??? Maybe I should buy a few more shares. Good
luck to both of us.