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

To: Taikun who wrote (32757)	11/24/2004 11:26:10 PM
From: LLCF	Read Replies (1) \| Respond to of 39344

In my mind the performance of PM equities in a depression [ESPECIALLY the upcoming one which will without a doubt include currency crisis'] have proven themselves. The performance in the 30's have been talked about. Gold stocks in 87 actually ripped up till the crash, a day in which they outperformed, then sold off sharply and went later sideways as gold moved up AND the rest of the market rebounded. <for me to stay in physical until I know the stock market in out of the woods.> I'm sure physical will do fine... BUT if the stock market goes into a long slump as in the 30's you could wait for a long time and miss a lot of soaring PM equities. I don't see how the stock market CAN be out of the woods for a long time to come. Put gold under pillow and don't waste an time on these boards picking equities, that's for sure. JMO DAK