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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: Chuca Marsh who wrote (6)	2/24/1998 8:33:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 972

Chuca, <<Minus 43% in 12 Months>> That's great if you're not in it, but imagine when it turns. 50% down is 100% up if it get back to where it was. IMO now is not the time to be in gold mutual funds as you discovered. That day is coming and I believe it may be soon. You can get an internet prospectus for some of the "interesting" gold mutual funds by clicking on the fund name of the Goldsheet list. I am leaning towards American Century (Global Gold Fund - BGEIX) because it is engineered to match a gold index (FT-SE Gold Mines Index). That way one can play gold while minimizing individual gold stock risk (i.e. governments, strikes, disaster). Anybody know another fund that matches a precious metal index? PS, another thread for down markets: exchange2000.com