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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?

To: Juster who wrote (308)	10/3/1998 2:46:00 PM
From: sea_urchin	Read Replies (1) \| Respond to of 472

Juster : I play a different game --- or try to. I attempt to pick the longer-term cycles. This, of course, means having to ride through the intermediate ups and downs. On this basis, I feel that gold has bottomed and will move up over the next 18 months to two years. I can't forecast the price, then, but I imagine it could be around $350 (hopefully more). If so, the gold shares (which I hold) can double from here. At that stage, I hope my tech analysis will be able to help me to pull the plug. If not, I'll go down the drain with the bath water --- again! PS. It is because circumstances often force one to "marry" the share that I have become very wary of those companies which promise the exciting "one night stand". And then, leave you penniless --- and with some disease or other --- next morning! A burnt child learns to dread the fire.