Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: NOW who wrote (32724)	11/24/2004 1:50:30 PM
From: Taikun	Read Replies (2) \| Respond to of 39344

TE, Cheers. I think it could happen as early as 2005/2006, based on a number of different events alluded to in my previous post. There are actually two periods. One in the 1970's (I don't have the exact year) and one was Black Monday (1987) when gold rose but Newmont shares and other mining shares fell with the overall market, I think gold went up 50% and Newmont fell more than 50% in 1987 (I don't have the exact figures) so you can see how a physical bullion position would put you ahead. My plan is to then liquidate some bullion (unless the world around me is falling apart!) and buy more miners at their lows, if that happens. If not, I'll just keep my bullion. Anyway, all just my opinion, but it drives my investment strategy. BWTHDIK D