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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (3274)	1/9/2003 8:30:37 AM
From: tyc:>	Respond to of 3558

>> When we hit $395-$400 POG ....it may be a time to take major profits. Maybe ! But again that is not the way I play the game. I see both NGX and ABX as businesses ... businesses that will be profitable regardless of where the price of gold ranges (barring remote possibilities).... and therefore deserving a permanent place among my investments. $250 per oz or $400 per oz, what's the difference ! Take profits ? What do you mean ? Sell these good businesses to buy what ? Surely not cash ! It yields only 2%. You'll never get rich selling good businesses to hold cash. (g)