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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 (1044)	11/22/2003 6:01:11 AM
From: jrhana	Read Replies (1) \| Respond to of 48092

From yesterday's Russell Incidentally (pardon me for skipping around), the silver stocks are doing well. In the past I've recommended PAAS, SSRI, HL, CDE, and I still recommend them. The chart below shows SSRI just surging out of its base. Like gold, the silvers are still in the accumulation phase. I like them, and I like the silver stock action.> I can't copy the chart but the label says SSRI: <ALert Ascending Triple Top Breakout on 18 November 2003>

To: Andrew who wrote (1044)	11/22/2003 6:28:12 AM
From: jrhana	Read Replies (1) \| Respond to of 48092

<My biggest concern is the explorer bubble. Most 99%+ of these are failures.> The concept is very simple. Those that have found or will find future economic mines are extremely undervalued. Many of these will be future 100 baggers with POG>$1,000. Those that do not will lose over 90% of their value. It is a casino. My hope is that I have enough winners to offset the inevitable losers.

To: Andrew who wrote (1044)	11/22/2003 6:48:40 AM
From: jrhana	Respond to of 48092

You might consider MDW.V for a blue chip explorer Message 19525311 Message 19524353 FWIW

To: Andrew who wrote (1044)	11/22/2003 11:44:16 AM
From: Wade	Respond to of 48092

Andrew, Gold stock index is a good indicator of the direction of POG, however, they often gets far ahead of reality. So, it is wise to watch other important signals to confirm/support our actions. I like the XAU/SP-500 and POG/SP-500 charts best. These two charts tell me where we are heading to, and where we really are. I call them my "Gold Positioning System", GPS. <G> This GPS is similar to many discussions of POG/Dow-30 ratios, except, I use XAU to guide the direction. One may ask why don't I just use XAU/POG chart. That is just fine for the gold bugs, however, I want to know our relative position to the stock market. I will continuously develop GPS and explore its potential. Good investing. It is a beautiful day out there. I am going to ride my bike to relax for a few hours. Wade