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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (5375)6/13/2006 12:30:11 PM
From: Beachside Bill  Read Replies (1) | Respond to of 48092
 
People change over time and takes decades...but I know the majority of the home builders have not had a loss in over 50 years... I know the demographics for the future and I know the potential risk in buying gold stocks when the price of gold goes up so does the price of expenses. That is a bubble in gold stock valuation (and all commodity valuations) that will bust just as big as the tech bubble.

BTW...5 mos housing supply is not a bubble...get interest rates above 7 1/2 and I'll start worrying. Demographics will take care of profits for now.

Notice housing again had another up year in prices. Like I said "NO BUBBLE YET"



To: Andrew who wrote (5375)6/13/2006 12:53:37 PM
From: loantech  Read Replies (1) | Respond to of 48092
 
Hello Andrew,

Good call a month or so back. I read ya but don't follow. <g/ng> If you want to manage my PF PM me. That will include managing me 24/7, hand holding and diapers though! <VBG>

You said this:
< If they do this may be a short term bottom here. JMHO of course.>

Why only a short term bottom we have a pretty good pull back? Are you looking for 490 POG which would be a full 50% retrace of the move from 250 to 730?

Thanks,
tom

PS:I would make Wade the same offer to manage my PF but he is too much a perma bull like me. LOL.