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


To: kimberley who wrote (33)3/18/1998 11:55:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 972
 
Kim, VIFL is a NASDAQ stock over $5, I would think it's marginable. If you are interested in the physical metals, check out a mutual fund to hold it. You sure don't want to hold physical metal in your home for obvious reasons. The better way to play the metals is with the metal stocks in a mutual fund because of the increased leverage. Some are proxy for the XAU, others for special objectives. I will buy RYPMX when my forecasting tools say buy. I wait. Today I did buy RYURX (mutual fund that shorts the S&P). I think that the S&P is way too overbought.



To: kimberley who wrote (33)3/19/1998 12:03:00 AM
From: Wade  Respond to of 972
 
kimberly,
Please try Central Fund of Canada (CEF:amex). It is a closed end fund. this fund is >99% of physical gold and silver. Silver to gold ratio is 50:1. It is easier to buy and sell it then hoard gold coins. Good luck.

Sincerely,
Wade