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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: dean poets who wrote (87831)7/15/2002 10:53:27 AM
From: re3  Read Replies (2) | Respond to of 116764
 
Careful here...it might be a sell, the masses seemed to have discovered gold...check out www.goldminingoutlook.com for an opinion different than yours...



To: dean poets who wrote (87831)7/15/2002 11:00:27 AM
From: Zardoz  Read Replies (3) | Respond to of 116764
 
Ohh please...
Don't confuse owning gold, to owning gold stocks. The TWO are not the same. Let's not forget that Gold stocks are driven by earnings and are open to the same fraud as other stocks. Do you really believe that those earnings posted by {Newmont for example} are really as neat and tidy as they lead you to believe. Else people like Doug AK couldn't spout this GATA crap to ad-nausea.

And as far to scaring people off from wasting there money buying Gold stocks... WHO CARES. People as a whole buy worthless stocks daily. That's why we have the Nasdaq {To seperate a fool from his money} People will continue to chase dreams of excessive profits, and will become married to stocks. I for one am only in the markets to MAKE money, not loose it. So if you disagree with my opinions... more power to you. I'd be VERY happy if gold did hit $400, then I'd have some stocks to short via options again. This trading range in Goldie stocks is just boring me to death. Do you really think that the economics of gold are that positive, then "why not buy Gold". By at least buying gold you limit your risk exposure to gold stocks. But then who am I, just the token Gold Bear.

Public service announcement from the "Gold must die, so the Dow can survive Bear Camp"

PS: Gold is driven by economics. Under what bases do you believe Gold can rise?