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

To: rubbersoul who wrote (31622)10/16/2004 1:16:47 PM
From: stevenallen  Respond to of 39344
 
A mere 5-10% allocation into gold by most people would send the price to the moon.

Agreed, although of course it wouldn't happen all at once and with many "weak hands" playing, those who are nimble could really make some good coin. That's my hope anyway.



To: rubbersoul who wrote (31622)10/16/2004 6:06:31 PM
From: Condor  Read Replies (1) | Respond to of 39344
 
Re: The TD Canada Trust letter and recommending gold.
I received that also, I was VERY surprised to see them touch gold being as how they are SOooooo conservative. They also feel the US interest rates will rise another 75 basis points this year and an additional 150 basis points next year resulting in fading equity markets.

C


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