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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: jjkirk who wrote (9063)	11/8/2002 10:04:07 PM
From: orkrious	Read Replies (2) \| Respond to of 89467

There are all kinds of juicy nuggets in Noland's latest prudentbear.com

To: jjkirk who wrote (9063)	11/9/2002 12:11:36 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

let me clarify my opinion on Newmont (NEM) I believe among the investment-worthy pack of unhedged gold miners, that NEM is the worst kind of like IBM in the mid-1990's a good investment if you are satisfied with 20-30% gains as opposed to the more nimble smallers with 50-80% gains Weiss likes NEM for different reasons (just guessing) he usually goes for the least indebted he is all about studying debt implications leading to death NEM is big big big and they must deal with a moderate but reducing hedgebook Weiss is not a stock picker at all he has a totally different approach, highlighting areas to avoid lots of people like NEM, let them I believe Newmont will fight large battles against Wall Street's political armies we need them to lead interference they will cut a path, like a big 250-lb man carrying armor and toting a flag but the best investments will be the lightning fast sprinters behind the armored leader if I had to list 25 gold miner stocks in order all of which I do recommend NEM would be last neither PlacerDome nor Barrick would do on such a lis as for JPM dunno when the Battan Death March occurs but the stock has shot its wad from the October run now they are soon to suffer a thousand cuts by the lilliputians and deadly ghost of words it has begun, with rumors of $17-70B in gold hedgebook with rumors of fraud charges I find it curious that the gold book losses are of the same magnitude as the WCom-Arg-Russia fraudulent evasion from nonperform booking these guys are soon to get hit from 3-4 sides simultaneously each attack will be lethal / jim