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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (5515)	2/22/2003 2:07:53 AM
From: bill	Read Replies (2) \| Respond to of 11633

I picked up more AE to bring my ACB to 4.07. CIBC analyst says likely dividend increase and he's been pretty accurate. Now I'm tapped out. Have to wait for more of George's welfare cheques to come in. I think, though, I'll diversify. Like George, I'm crazy O&G but I think I need something like ICE.UN. Wish I'd bought more superior propane when it was cheap. Woulda, coulda, shoulda. GLH.UN may fall back this summer because of lack of rain in their hydro areas. That's how I got it at a good price initially. What most people--even analysts--don't seem to know is that GLH is insured against low water levels. The only big ? mark hanging over my portfolio is that of interest rates. They've got to go up. US $, huge budget deficit, offshore money moving into euro denominated bonds and out of US bonds. The real inflation rate has become totally disconnected from the official govt. rate. Go to the library. Get a copy of your local paper from five years ago. Check the prices of everyday commodities. Also check quantities or sizes. The amount many items have gone up is astounding. Union people here were offered 0-0-2 for the past three years. They're now being offered 0-0-0 for the next three years. Something's got to give. Even at the official govt. rate of 3.5%, a person on that agreement is going to be 20% poorer at the end of six years. People on fixed incomes are being hammered. Ain't buying no bonds, I'll tell you.