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


To: Don Green who wrote (21030)10/7/1998 7:34:00 PM
From: James H  Read Replies (1) | Respond to of 117064
 
Hey Don, just passing through. I also still have some Yen sitting back in Tokyo, love the currency moves - hate the interest rates I'm getting in Japan. You've got to admit that holding gold stocks for the time being has been a very lucrative move, most over 80-100 pct gains in the last couple of months. Long term, I agree is a dismal holding. Don't you think RMBS is very vulnerable right now to market conditions with a P/E over 200? I like RMBS, but think the immediate downside potential is extreme. And how does RMBS tie in with gold? Did I miss something? Sorry if this is off topic, was just wondering what brought all this RMBS stuff on. Jim