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


To: Alex who wrote (11432)5/8/1998 8:41:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116827
 
Alex, US unemployment reported this morning 4.3%, at record lows, should help support gold, inflation hedge.



To: Alex who wrote (11432)5/8/1998 9:57:00 AM
From: Dwight Taylor  Respond to of 116827
 
According to Steven John Kaplan--

CONTRARIANS USUALLY WIN EVENTUALLY-According to a new study by Morningstar Inc. of Chicago that was
published in Morningstar Investor, edited by Susan Dziubinski, the three equity fund categories that proved the most unpopular
with investors in a given year went on to beat the average equity fund over the subsequent three-year period 78 percent of the
time. The three most unpopular equity fund categories outperformed the three most popular equity fund categories over the
subsequent three-year period 89 percent of the time. [In case you were on an extended vacation, by the way, gold mining was
by far the most unpopular equity fund category with investors in 1997, with the average gold fund losing slightly more than one
half of its value, indicating that it is likely to outperform in the years 1998-2000.]