Forum Archive Index - January 2003

["soarer2" <soarer2@xtra.co.nz>]

For Gold to get to $ 400 an ounce it has to rise aprox 14%, when this
happens unhedged Gold stocks will move alot higher. I find it  amusing that
some people dismiss Gold as a credible investment but were happy to plow
their hard earned   $$  into offshore equity funds whose stocks  had no
earnings and traded on sky high multiples

These funds are now showing negative returns and punters are still being
told to $ cost average and buy the " dips " -  WHAT A JOKE


Gold - Long



----- Original Message -----
From: "Lazy Haggis" <lazyhaggis@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, January 09, 2003 9:07 AM
Subject: Re: [sharechat] Golden 2003 Months Ahead


> Yes, I understand. I think OSH is in oil though not gold. It would be
great
> if every stock went up in a straight line forever, but they don't, so I
> suppose what matters most is the net result of all buys and sells.
>
> I notice gold is soaring today, and the US dollar tumbling, as well as the
> US stockmarket seems to be taking quite a hit as well. Somethings not
quite
> right over there.
>
> Much of what FairShare Investments publish seems to becoming true.
Hopefully
> their grim global scenario doesn't eventuate, but if so, gold will no
doubt
> soar higher.
>
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