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

To: Larry S. who wrote (96)	4/4/1998 7:06:00 PM
From: Dan P	Read Replies (1) \| Respond to of 972

Larry and Richard and others: The gold mutual funds are indeed coming to life. On average, they are up about 12 % year-to-date, and in Investor's business daily, they are now the second leading sector, after technology. A lot of folks read that paper, and all of the gold funds are high- lighted in their fund section as leading gainers for the day. My point is that we will begin to see a flow of money into this sector as investors see the returns. Of course, we will need continued appreciation of gold for that scenario to work out. With the gold sector being so small, though in capitalization terms, it won't take much money to get this sector going. I agree that the majors will go first, and I have already an upside breakout on ABX, and Alta, and I am sure others have as well. Clinton's trip to Africa may have given a little more credibility to the African based funds, and while I don't own any, funds like United services gold fund, or Lexington's funds which concentrate on S. Africa ought to do very well. I do own some South African shares. Regards Dan

To: Larry S. who wrote (96)	4/5/1998 8:48:00 AM
From: Richard Mazzarella	Read Replies (5) \| Respond to of 972

Larry, thanks for posting the index. I want to share with the thread a reply I received from gold letter writer Ron Struthers: exchange2000.com . Like the Dow, S&P, and small caps there is an order for market timing. My South African gold's (ASA) and XAU proxy (RYPMX) are doing well now, but as they appreciate I would expect that swapping them for funds that invest in precious metal jrs. would be the smart move. Then a final switch to mutual's that focus on exploration companies. Anybody have a few candidate mutual funds for 1. juniors, and then 2. exploration companies?