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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: James H who wrote (33285)	10/2/1998 11:13:00 PM
From: doug	Read Replies (1) \| Respond to of 132070

James, I have been trading in gold shares for longer than I care to admit. Historically, you can identify the peaks, by the major gold companies coming out with secondary issues. They are usually, very good at identifying the peaks themselves. Additionally, for a move of any consequence, the majors are followed by the intermediates and finally the juniors as far as a run-up in price. Hope this helps. Good trading. Doug

To: James H who wrote (33285)	10/3/1998 10:37:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

JSH, I like gold long term, but I have lightened my holdings of Newmont and Barrick during this rally. They have made relatively massive moves up considering the rather modest move in the price of the metal, which, of course, is why we often prefer stocks to metal. But, right now, I think the metal has to catch up. One good thing, the recovery in NEM, ABX, and SWC has made my cap gains portfolio smile again. However, my largest precious metals holding, Impala Platinum, has gone up but not nearly as much. MB