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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (982)	12/15/2005 9:32:05 PM
From: ecrire	Respond to of 50637

All true, but now that Gold is down $45, Silver down .70 Palladium down $40 how do you see things?

To: SliderOnTheBlack who wrote (982)	12/16/2005 11:26:38 PM
From: Ken Reidy	Read Replies (1) \| Respond to of 50637

Your time period is too short Slider....just click on the 5 year button on your chart and you will see that while the S&P and Naz are both slightly DOWN over the last 5 year period, the HUI is UP well over 400%. I've always wondered why you have such an attitude about goldbugs? You must realize that goldbugs are such a small universe of investors that their sentiments matter very little to the performance of the metals and mining stocks. The money will be made in the mining sector when the general investment public starts investing in this sector. You do realize that the market cap of GOOG is currently 184.4% that of the entire HUI. Current mining shareholders must feel like Howard Schultz did before he opened his first Starbucks store outside of Seattle's city limits. Just like Shultz could see the multitude of people around the world who would gladly stand in line to pay $5 for a cup of coffee, mining shareholders can see the multitude of people who will pay much higher prices for mining shares once gold fever catches on with the investment public.....it hasn't even started yet.