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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: marynell who wrote (6182)	12/20/2002 5:42:44 AM
From: re3	Read Replies (1) \| Respond to of 39344

i'm happy to respond but i don't know how low gold will go again, or if it will go down again. can anyone answer this question ? gold goes where it goes. we have to decide how much we will allocate to gold, which stocks to buy or trade, when to be satisfied with profits, when we have enough to retire, will we have enough gold if things ever get to the point where we use it as a medium of exchange in day to day life. we have to decide if we pay any attention to the Prechter type scenario which advises to leave gold alone right now. i've got a smaller allocation to gold than i've had in the past. my biggest holding is CDE which is probably not a favourite around here. i've got a fair # of jpm puts which may be a play on gold AND a play on a potential stock market debacle. i'm doing okay trading suncor oil. but i can't tell you where gold will go, sorry.