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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (857)11/25/1998 11:36:00 AM
From: Jim McMannis  Read Replies (1) | Respond to of 3558
 
Darleen,
The correction came and went. Now we can wait for the next one. Too the doomsayer, the next one will always be the "big one". (Sure, it's OK to hold a little ABX for a rainy day but who says gold will benefit and who's wants to be around just to say you were right.) It may well be but if one had not invested based on the "big one" then they would have missed the biggest bull market of all time...you can go back to 1982 or 1974 or even 1929. The kids in the sandboxes may be naive but they they are making the investment that allow the old ones to live well.
All the best, Jim