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

To: Andrew who wrote (968)	11/5/2003 11:20:22 PM
From: Wade	Read Replies (1) \| Respond to of 48092

Andrew, Thanks for the good insight of takeover targets. I figure, I just hold on to those the best values. What a pathetic decision I made<VBG>. Tonight, I spent my time to read the short (1-2 week) and long term trends of CRB Index, SP-500, Dollar and 30-year bond. It is interesting to watch the bullish pattern of SP-500 and ironically we are talking about crash of the stock market. However, I lost track of my attention and drifted to the direction of how to save the economy. This is how my thoughts developed. Evidently, CRB Index is approaching record high and Fed is tightening money supplies. Now, the big question is "How come the yield of 30-year bond didn't rise?" I figure the bottom line is still dollar. As we can see that dollar is strengthening in the last several days which means foreign money is buying US dollar. These money supplies have to find US investment. I believe Fed is selling US treasuries at bargain low yields to absorb these supplies. This is the Fed's function to smooth out the volatility of the markets. And, it apparently worked quite well. I feel Fed has done the best it can to boost the money flow and to strengthen the economy in the last two years. Now, this is the time to avoid big inflation. The fine line of huge inflation and recession/depression is the balancing acts of money supplies. I have to admit that Fed has done its best. I have to give Fed an A, despite AG and Fed were were criticized as a big failure by so may people, including myself. In reality AG is equivalent to a CFO of a giant company. AG's and Fed's jobs are to help the elected US officials, president and senate, to manage our country's money supplies and keep the economy healthy. Only the president and senate are responsible for the big deficit mess we are in. Who elected these officials? American citizens, period. These were what American voting citizens' decisions. Fed has no miracle to save us if we keep on letting the elected officials spending the money we don't have. Our government has a major deficit problem and it is getting worse in the next several years. The best way and the only way to save us from future economical disasters is to vote and demand fiscal budget accountabilities. If we don't demand balanced government budgets and reduce trade deficit we will become a very very poor nation within the next 20 years. Foreigners will own most of the properties and land in our country. Our country will lose independence because these obvious foreign influences. Will USA stand up strong or beg for foreign money to make a living in the future depends on how we vote and how we educate our citizens to recognize the crisis. I hope you don't mind to read this as a Canadian citizen.<VBG> But, I bet you won't mind to make money from gold stocks. LOL Back to gold, in the short term. I feel gold is still struggling to find a foot hold when US dollar and stock markets are getting some strength. In the 1 year term, I am still bullish in gold. But, the presidential election next year could change the direction. We shall see. I feel gold is more like a commodity than money, as the markets are telling us. Back to gold standard? Not likely. Because the production of gold is limited and in a linear rate at the best, and the economical expansion is geometrical. They can never locked in a constant ratio, except within a short period of time frame, imho. Good investing. Sincerely, Wade

To: Andrew who wrote (968)	11/6/2003 7:28:41 AM
From: John Dally	Read Replies (1) \| Respond to of 48092

"But why use cash instead of paper?" If they are planning to acquire a company, I think that they would use their high-priced stock to take the company over and the cash that they just raised to either retire the debt or develop the mines of the acquired company. It seems like ASL is locked up by AU, but this would be the perfect fit . . .

To: Andrew who wrote (968)	11/8/2003 10:30:55 PM
From: Wade	Read Replies (3) \| Respond to of 48092

Yogi gave a buy signal on AEM. I am ready to average down my cost<G>. Message 19479163 I am also watching ABX's pattern closely. I feel there could be something positive brewing. I am waiting for it to break out $21, the short term resistance. I love PDG's movement. Waiting for the next entry point to add more shares. ASA is on my add list as well. I am replacing some of my gold stocks with ASA. I felt that I took too much time to chase all of the good leads and ideas, but failed to have a real life, which is getting too short<VBG>. ASA is a good value and a potential rocket. NEM is a great value to own as well. There are just too many good things can happen to this company if POG soar through $400 resistance. The next consolidation process is to own some gold mutual funds. Let the pro's get heartburn. They got paid to have that<VBG>. Good luck. Sincerely, Wade