SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: ru2 who wrote (6188)12/20/2002 7:44:31 AM
From: re3  Read Replies (2) | Respond to of 39344
 
<<<Now I have converted the dollars to a safer place

can you tell me which place is safe ?



To: ru2 who wrote (6188)12/20/2002 8:15:33 AM
From: churchy6  Respond to of 39344
 
ru2, you can trade CKG and SJD (and all Canadian mining stocks)thru Ameritrade, but you need to do it by phone through a broker (ask for a broker to trade on the Canadian exchanges). The fee is approximately $30 for any number of shares.

Several folks here speak highly of the brokerage Penntrade for trading of Canadian stocks but unfortunately it's not available in all states including mine.



To: ru2 who wrote (6188)12/20/2002 9:59:48 AM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
<I currently am holding kgc and HMY. Do you have an opinion on those? >

The rise in gold price could be neutralized by the rise in the AS Rand as far as HMY is concerned. No opinion on KGC. I prever the juniors and some mid-tiers. My favorites: GLG and IAG on the AMex.. but on weakness only.

The problem is gold. Everybody seems to be convinced that this is a bull and gold is going to $400. I am not. We'ved now reached a new zone of resistance ($343-$354 that will be as hard to go through as the $325-330 level was. As far as I am concerned, a bull will not be confirmed before we move above $414. Early signs will be when we exceed $375. Until then everything is possible.

So not all stocks are buy and hold. A tough and very voloatile game.