SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (1145)1/20/1998 4:15:00 PM
From: Richnorth  Read Replies (2) | Respond to of 1756
 
Don,

O what a surprise to hear you are now bullish on gold. For quite some time you had been making teasing remarks like, "Hurry, the elevator door is closing; gold is headed to lower levels", and "Ouch! Gold is now at $280!"

I tend to agree with you that gold is showing signs of making a comeback. But I am no expert in advising anyone on what forms of gold to park your money in.

I have invested mainly in junior gold stocks, especially those that are polymetallic plays like Metallica (MR.TSE), Trillion (TLQ.TSE), GMD (GMD.VSE), Fortune Minerals (FT.TSE), Palmer Resources (PMD.VSE), Pac-Rim Mining (PFG.VSE), Bema Gold (BGO.TSE) and, of course, the senior golds, Barrick (ABX.TSE), Placer Dome (PDG.TSE), Franco Nevada (FN.TSE), Euro Nevada (EN.TSE), Homestake Mining(HM.NYSE) and Newmont (NEM.NYSE). In addition, I have Maple Leaf and American Eagle gold coins, and also shares in silver equities.

I kinda like your insight that the Japanese Govt. will wait until the Winter Games are over before taking steps to shore up their economy and the YEN! I think it is going to be very interesting.

Cheers!

Richnorth