Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (7779)	2/21/1998 8:17:00 PM
From: paul ross	Respond to of 116836

From the Hulbert Financial Digest long term performance rating's issue 7/31/96: The Dines Letter: total return, annualized 3 Yr.....-0.9 5 Yr......2.8 8 Yr......0.4 10 Yr....-5.7 15 Yr.....3.2 To be fair, this analysis is almost 2 yrs. old, but I understand a lot hasn't changed since then. PR

To: Bucky Katt who wrote (7779)	2/21/1998 9:03:00 PM
From: Jim Ilchyshn	Respond to of 116836

Re: Mr. Dines article... Isn't oil often referred to as Black GOLD??? If there is disruption in the Middle east, the tar sands up in Northern Alberta are said to contain as much reserves as the whole Middle east. Sounds as good as Gold to me. Must admit though, the loonie is aptly named! - Jim.

To: Bucky Katt who wrote (7779)	2/22/1998 1:18:00 PM
From: Eashoa' M'sheekha	Read Replies (2) \| Respond to of 116836

James Dines The Insurance Salesman? I get your point William.I agree with the theory,but not being a salesman type,I find it difficult to site the extremes to make a point. I was doing lots of eyebrow raising when the gurus were calling for a 60 and 65 cent Canadian Dollar.What could they have possibly been using to come up with those figures,when an average Joe like myself had a fairly reasonable handle on the underlying fundamentals.As the flight to safety cries became louder and louder with the US Dollar being sited as the " ONLY " safe instrument,I couldn't help but having a good laugh for myself. The ongoing cries for interest rate hikes here, both at home and abroad,were also a sign of poor understanding of the underlying fundamentals.We did get a small rate hike,but it was an overblown situation in times of crises that corrected,as well as the real strength of the economy that pushed us back over the 70 cent mark. Thus,the BOC was correct in not raising rates a second time,likely knowing what lil ole folks like me knew all along. PS:I see the Princeton Eco. GURU is wrong three out of three so far. TaUrUs