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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Ray Hughes who wrote (1203)	6/23/1998 4:35:00 PM
From: Alan Whirlwind	Read Replies (1) \| Respond to of 1911

Either the metals rally here at some point or they don't. Dines says they will. Dines I know; you I don't. I'll construct any straw man I damn well please, thank you. Why buy options that might expire when the stock itself also offers leverage without expiration? "Re: Barney - how come Barrick and Freeport "instantly knew," as published in Canadian newspapers yesterday, Bre-X to be a fraud but market was unaware." What are they supposed to say, "We didn't have a ripping clue on Mars what was going on"? Let me quote the CEO of one of your all-knowing turkeys (Feb. '97): "We believe our proposal for Busang was fair and equitable to Bre-X and its partners and provided for significant economic and social benefits for Indonesia. We offered a very good economic deal for all." He later had to apologize to his shareholders for being such a sucker. Morgan even got duped--it's nice to see the big boys no smarter than the average Joe. The "insantly knew" quote is already a joke among Bre-X investors. --Alan

To: Ray Hughes who wrote (1203)	6/24/1998 6:25:00 PM
From: William JH	Read Replies (1) \| Respond to of 1911

Ray - <Asians did much better putting their money in BC real estate that in gold> I'm curious why you made this comparison. How many people would have the wherewithal to make that kind of investment, whereas anyone with a few bucks could buy gold. Reminds me of when Jim Rodgers on CNBC recommended that listeners should buy tea plantations. BC real estate didn't compare very well with Yahoo's stock, it's up 1,000% in a year, but what does that prove? On the other hand, I've never made any money investing in PM's, so what do I know? Regards, WJH