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


To: Ceedee who wrote (11235)5/20/2003 8:45:03 PM
From: marcos  Read Replies (1) | Respond to of 39344
 
'Freedom to breed will bring ruin to all.' - dieoff.org

... as response to -

'The world’s supply of mining shares, on the other hand, is not only finite, it is smaller in dollar value than the shares of just one dot-com stock, Cisco Systems, during the communications hardware firm’s heyday.'

A finite supply of sharepaper, you say? ... ah, let me see if i can scrape up a downpayment on a printer -g- ... demand will foster a shoddy class of supply, later on, bet on it ... closeology plays, pumpster productions, well-meant but know-nothing efforts, the pets.com style of the goldworld ... when they fly, it'll be time to bag and pluck a few, cash up, look for a cozy doghouse elsewhere ... meantime, can't disagree with the logic there



To: Ceedee who wrote (11235)5/20/2003 10:40:18 PM
From: Kaena™  Read Replies (1) | Respond to of 39344
 
I like the sound of that too! In fact I have long shared that view that someday the gold stocks with their small market cap will become the next Dot-Com mania. It's always tough for me to sell my gold stocks especially now that gold is so strong. But the charts are saying that most gold stocks have peaked short term. I get the feeling that the next pullback will be short lived and shallow perhaps in synch with a short term rally in the dollar. I may regret selling if gold shares start catching up to gold. Well see.