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

To: LLCF who wrote (32761)	11/24/2004 11:45:19 PM
From: Taikun	Read Replies (1) \| Respond to of 39344

DAK, <Put gold under pillow and don't waste an time on these boards picking equities, that's for sure.> Well, I've picked up a boatload (for me) of PM miners, by now, ha ha. Since the majority of the shares we buy trade in the US or Canada only, isn't that be rather undiversified? I just thought there might be some uncorrelated mining shares. For example, if S.A. miners sold off less on Black Monday (because the country has more of a mining orientation and unlike Canada is less tied, on a trade basis, to the US), wouldn't that provide diversification? Even in a global recession/selloff there should be safe havens. Maybe the Bulgarian market or Slovenia or... (At least the risk is already priced in). sem-on.net Canada may be a safe haven, but also highly correlated to the US, I think. Perhaps this is a reality check on my part. "Is there anything else?" For example, European Minerals trades on the AIM market in London, which I find interesting. I just wonder if this kind of exchange diversification might afford less risk. What do you think? David