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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Francois H. Gaston who wrote (6912)	1/29/1998 9:07:00 AM
From: Francois H. Gaston	Read Replies (1) \| Respond to of 116762

FSAGX-FDPMX. These fidelity sector funds were quite different last year (FSAGX mainly in North American and FDPMX heavy in South African goldmines). December 1997: Holdings in FDPMX look very similar to FSAGX and south african gold mines drop to about 7% (still about 30 % last June). Now here is the interesting observation I made over the last 2 days, and this might corroborate the recent renewed interest in south afrcian goldmines. Looking at their repective peaks in Feburary-march 1997, here is what happened to FSAGX and FDPMX when we look at the their second bottom in January of this year: Interestingly enough, the drop from peak in february-march 97 to second bottom this January was 129% for FDPMX and 105% for FSAGX... probably showing that South African goldmines did very pooly last year. BUT FDPMX was out of them in December... guess what: they might be getting back into them because, over the last 2 days, FDPMX has done almost 2% better than FSAGX (which now contains expensive north american goldmines).... I readjusted my retirement goldinvestment to 60% FDPMX and 40% FSAGX... Good luck all. Gaston