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

To: Bobby Yellin who wrote (7558)	2/14/1998 1:58:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116984

Bobby, i must, respectfully, disagree. silver has had a great percentage run from last years lows around 4.24(or was it 4.18). At 7+ many silver miners are in the make money range. This will bid well for some of the metals funds. I also suspect that some of the gold miners will sell enough silver (at a profit) to come close to the,overall, break even point. IMHO at that point some of what we believe will become self fullfilling. if just a few of the gold miners can make a profit(& remember,buffett said it is good to put some money into bullion) more people will buy gold. this whole market has a herd mentality.I thought we would turn the corner when peter lynch said "buy the miners". When buffett buys silver, lynch has said buy the miners, we are talking about impeaching the president,& going into an ugly war..... we will see gold is a "good investment" again.-or so i think. richard