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

To: Enigma who wrote (12100)	5/23/1998 8:56:00 PM
From: Terry Rose	Read Replies (1) \| Respond to of 116823

enigma, If I read the tea leaves correctly with this flurry of negative articles rehashing the negative outlook for gold then a stock market correction may be near. Don't want gold perceived as a safe haven. Either that or some major players want to pick up some more gold cheaply before the Euro meets again. Albert Pacelli writes in one of my favorite investment books "The Speculator's Edge" that an investor's job is to buy supply and sell demand. This principle definitely applies to the current gold market. With gold at near 18 year lows one should jump all over gold assets. Throw in that it's price is currently being manipulated through derivatives and central bank policies and this particular trade is a no-brainer. Invest 25-35% percent of your portfolio in the right gold stock and some serious profits can be made. When one invests their hard earned cash in this investment game you need a game plan and the patience and fortitude to stay with the plan. You also need to pick opportunities where in your mind you have already won the game at the onset. I have looked for other investment plays and continue to return to gold where the risk reward ratio is superior and the outlook is crystal clear. Terry,