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To: Rarebird who wrote (50)6/19/2005 4:54:28 PM
From: Rarebird  Respond to of 26251
 
>However, when the Gold/XAU Ratio trades above 5 like it is doing now (currently 5.33), one need only be patient (and not dream) to make a lot of money. The average return of the XAU over the coming 12 months is well over 80% when that ratio is over 5.>

Those who bought gold mining stocks here are already up one month later 20%-25%.

I expect a short term pull back here. Buy it with a vengeance if you don't already own gold mining stocks. XAU 87-88 is a good area to accumulate.

Learning is my God and Education is my Religion.