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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (857)	9/12/2003 4:44:18 PM
From: Wade	Read Replies (1) \| Respond to of 48092

Yogi, WGC has been hiding the facts of gold hedging of mining companies which makes me wonder if this is another way to protect those situations. I also wonder how their investors know that they really get real gold bars or paper certificates from the dealers if Equity Gold is not responsible for it. And, how do they know if GLD buys gold from the market, or leases it from central banks, or get promises of delivery from mining companies. I will read all of the fine prints again. I don't feel comfortable about their prospectus. Good for you to get out early. My Mom still has her $800/oz gold. Wade

To: Yogizuna who wrote (857)	9/13/2003 12:08:37 AM
From: Wade	Read Replies (2) \| Respond to of 48092

Hi Yogi, At about noon time, I went out to look for the reasons for today's POG pull back because I was not 100% convinced that it was merely a technical correction. To my surprise, I found that US dollar took a hit as well. I further found that these two major indices actually moved about in sync since early August. US Dollar peaked about 2 weeks ago. Now, the POG is pulling back as well. I will keep my eyes on these movements. I also think the stronger bond market sucked some money off gold market today. We are at an interesting junction. I think POG's rally is still intact. The small "correction" is mainly the ripple effects of dollar and bond markets. The fundamental of POG has not changed. I bought more CDE, BGO and DROOY at close today. Take care. Wade