Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (16240)	2/17/1999 9:47:00 PM
From: Tech Master	Read Replies (1) \| Respond to of 17305

TX- I have started building a position in PDG. I like the fact that CIBC just put a "strong buy" out on it. Back to 17 is a layup this year and a multiyear high is likely once the market panic begins.... Y2K fears will drive people to gold, metals, and other safe havens later this year... The international accumulation of gold is coming. I don't buy into the current mentality that gold is no longer a safe haven.... we will see... I agree about gold funds.... but there are a few gold stocks I like as well....one of my analyst friends likes PDG and it should deliver better than average returns in 99. I might even look at leaps on XAU....

To: Trader X who wrote (16240)	2/18/1999 8:55:00 AM
From: John Westman	Read Replies (1) \| Respond to of 17305

What gold fund do you typically use? Watching commodities tank and reading Jim Rogers comments in Worth, I went looking for a pure commodities fund and the only thing I could find was Oppenheimer Real Asset Fund which has been a license to lose money since its inception. -48.02% including sales charge for one year and -35% since inception 3/31/97. I keep watching it drop pennies a day and thinking somewhere this has to be the ultimate contrarian play. I'd appreciate your thoughts. j