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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (22422)	11/24/2004 5:39:16 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 110194

Frankly, I've been adding CEF this week because I feel the effect of GLD will continue to exert upward pressure on the POG. And I'm not all that enamored with the profitability of most of the dirts, they ALL seem to struggle to turn their holdings into cold clownbux.....there are a few exceptions to that rule, of course, but the management of the dirts plays the game the same as any other CEO. Dilution, bad deals and self-gratification seem to be the main executive directives for most of them.