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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (4721)	11/7/2002 12:18:14 AM
From: bill	Respond to of 11633

G&O prices have had a substantial, steady drop and, when I last checked, they seem ready to drop further. I don't see any panic selling, or large volumes. The trusts generally are not highly liquid so even a small increase in volume will drive down the prices (or up, thank goodness). The US determination to neutralize Iraq seems to have faded a bit with the elections and all the various countries saying don't do it. Bush and the Rep. winning handily should bring that back into focus. We have been getting a war premium of about four dollars a barrel for oil. There also appears to be more on the spot mkt. but we'd need someone more knowledgeable than me to confirm that. (The amazing thing is that a brief notice about air attacks in Iraq had no effect at all.) Looking at my portfolio the last couple of days, I think they missed their target and hit my stocks.