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To: yard_man who wrote (219046)2/5/2003 7:02:47 PM
From: orkrious  Read Replies (2) | Respond to of 436258
 
it was actually an okay piece by Cramer. here's an excerpt.

But as they come in, I know this time I am going to have to take a chance. The price of the metal has gone up so much that the numbers for most of the unhedged players are just too low. These stocks have rarely made sense on an earnings basis. However, this time, they just might if you believe that gold will go higher.

And I have to believe that it will. There isn't enough of it around, there isn't the rampant dumping we have seen over and over again by central banks and we have such a large budget deficit that I have to believe foreigners will keep selling dollars and buying gold long after the Iraq situation resolves itself.