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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: james ball who wrote (13979)2/14/1999 11:23:00 AM
From: chartseer  Read Replies (2) | Respond to of 34811
 
FCXprB: This preferred is a straight gold play. Value of stock redemption and of dividend is based on a set weight of gold. Should move with price fluctuations of the price of gold. Purchased some when Euros hit the market place. I know I would not be too thrilled to have the dollar as the official tender of the Americas. I think I would prefer to own gold. Then again I never was a believer of holding dollars anyway. Silver has been the better play last few months. I do not know of any straight silver plays.

Oh Well!
Then again what the heck do I know?
My take off on
Herman Wouk's words from the novel
The Caine Mutiny " If you only knew what the Gnu knew."
If I only knew what the Guru knew.

Chartseer