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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (51149)5/9/2002 12:33:11 AM
From: Jim Willie CB  Read Replies (4) | Respond to of 65232
 
I believe Newmont will resemble Cisco of yesteryear in overvaluation
several other gold stocks are much better
for one, Harmony is perhaps 3 times cheaper

but comparisons are fallacious with oldline tech stocks
gold is rising with 6-month forward anticipation of higher gold prices, which will produce much higher profits
gold is emerging from a 15-yr suppression depression period

comparisons are extremely thin
let's revisit the comparison in one year
when GOLD i slikely to be over 400/oz
and leveraged profits for miners are rising bigtime

time for my nightime capsule up the butt
/ jim