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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Andrew N. Cothran who wrote (223)10/6/1998 6:19:00 PM
From: Andrew N. Cothran  Respond to of 48092
 
Yahoo reports today, (October 6) that Goldman Sachs upgrades NEM from "market perform" to "trading buy".

Guess the smart analysts are finally catching on. If one can call them smart in light of some of their recent calls.



To: Andrew N. Cothran who wrote (223)10/6/1998 6:35:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 48092
 
AndyMan...ASL and HM as "second tier" bluechips were very strong today. Both made breakouts above recent resistance. Buyers were gathering the bargains after loading up on NEM & ABX last week.



To: Andrew N. Cothran who wrote (223)10/6/1998 8:05:00 PM
From: Wade  Read Replies (1) | Respond to of 48092
 
Andew,

I agree with you totally about today's actions of gold stocks. The trend is set and will continue to rise. Gold is still sold at bargain basement price based on the long term historical record. Trading may not be a good strategy at this moment. I would rather buy and hold for a while. I believe the gold run will last at least a few years. The world financial crisis can not be resolved by a few announcements, meetings and IMF funds. Clinton's speech said nothing new. No wonder gold stocks rally back in a heart beat. Good luck.

Sincerely,
Wade



To: Andrew N. Cothran who wrote (223)10/9/1998 9:07:00 AM
From: Axxel  Read Replies (1) | Respond to of 48092
 
Gold...I am going to agree with you that it is time to accumulate gold. I am now recommending 1/2% position in gold physical stored here in the USA and 1/2% portfolio position in Austria. Add to that positions in HM and NEM.

Best regards