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

To: jrhana who wrote (8228)	3/4/2003 11:16:10 PM
From: jimsioi	Read Replies (1) \| Respond to of 39344

No RGLD for me, won't even suggest a bottom, .....though a rebound temporarily to $16.50-17.50 could reasonably be expected. RGLD may have been improperly maligned in the Barron's piece but I'm not putting my bets on it to recovery really fast. Back up to $16.50 - $17.50, perhaps if GOLD gets over $360 and or the miner stocks de-couple from the bearish stock mentality. Bought a little WHT and Rangy on Tuesday but still feel there is a very good chance all these war hedges will fall hard shortly after the GIs start marching.... Imagine the picture (and the charts) if the GIs are embraced by the Iraqi people for liberating them from Saddam....May happen differently but there is much risk is being heavily exposed at this point in the miners......as there is risk in being completely out in the event Bush has miscalculated and AMERICA gets black eye. RGLD - mentioned when the earnings came out at 80-100 times earnings I thought the issue was in trouble...Didn't quite anticipate so much. stockcharts.com[h,a]dbcaynay[dc][pc50!c200!c20!c13!f][iut!Ll14!Lh14,3!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G