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

To: Zardoz who wrote (90563)	10/14/2002 12:08:22 PM
From: long-gone	Respond to of 116798

& you do know the Why of fcx & nem being lower - right? hint, it is the same reason gold is higher.

To: Zardoz who wrote (90563)	10/14/2002 12:35:24 PM
From: Ahda	Respond to of 116798

We have a couple of clear cut loosers using the PEG ratio on the gold stocks you put up Ps I thank you very much. Of course we probably are going to have gas cost increases due to security cost increases as well as fear of the war.

To: Zardoz who wrote (90563)	10/14/2002 1:24:45 PM
From: Real Man	Respond to of 116798

A valid point there...

To: Zardoz who wrote (90563)	10/14/2002 11:52:03 PM
From: long-gone	Read Replies (2) \| Respond to of 116798

So gold going back down tomorrow? (that asshole) Greenspan just didn't pump enough M-1 cash into the system last Wednesday to prevent continued / further deflation? The local Hyatt casino is in trouble - isn't that saying the bank which floated them is in even more trouble? Either AG opens the taps or a bank fails? & what of AG's reputation if (WHEN) the casino failure results in a bank failure? And what of the economy when the market crashes from the resulting bank failure? Will the investor see it as the ending or just more trash & dirt? & of the US $???? Will AG & the prior bubble - THE RUBIN/CLINTON/GREENSPAN BUBBLE - destroy the system? Are we looking at the Euro as the reserve currency of the world or??? Or will Greenspan, again (quickly) tonight, release the funds needed to just barely hold the wolf at bay? And will the banks be able to again release the funds quickly enough so these sheeple can get yet another mortgage and slam those trash dollars into the slot machine & keep "it all" afloat for becomes a single extra day? And then of tomorrow or perhaps the next day; - what then - what next?

To: Zardoz who wrote (90563)	10/15/2002 2:40:43 AM
From: E. Charters	Respond to of 116798

Well, compare those earnings to Yahoo, GE, General Motors, and I think you will see at least the gold miners have growth and gold in the ground, so their earnings are secure. Overvalued? How about those earnings at 400 dollar gold? -- which is just around the corner. Gold mining always does well in devaluation and recession. Witness the dirty 30's -- of which a parallel condition may be just around the corner. The reason for PDG and ABX having low Pice-Earnings ratios is because of their recent and past 5 years spate of takeovers and share issues. The new earnings of these takeovers, many of which have not yet seen one gram of gold in development, (Argentina Gold, Pierina etc..) has not yet registed in their PE. When it does, the PE will be back to about 50. Barrick and the giant capital cost intensive open pit miners, have always been low in PE ratios compared to small miners, which have PE ratios of like 7 to one traditionally. This is a reflection of their wasting assets. If you want to examine what gold miners are all about look at Goldcorp and the junior explorers. They are all growth stocks. In many cases they have no E to P about. But their value is all leverage. EC<:-}