Forum Archive Index - November 2003

["Lazy Haggis" <lazyhaggis@hotmail.com>]

Clearly the Wallabies dominated and outclassed throughout the whole game, a 
very average and mediocre All Black side. Contrary to popular opinion 
(fundamental belief) gold once again glistened over the land of the long 
black cloud (technical reality).

Equally so, regardless of the fundamental belief (gold is just worthless 
junk in the ground) gold bullion will continue its dominance over world 
currencies and stocks - that's technical reality. Like it or lump it, gold 
has only just started its long-term uptrend, but fundamental analysts will 
need to wait a few years to realise and understand this fact. When they do, 
the game will be over, and their traditional stocks will be worth 
considerably less than they are today.

I repeat, make sure you have some gold shares in your portfolio. I suggest 
some of the following Australian stocks will be a good starting point for 
those who need prompting, but it would also be a good idea to do some 
further research on each for your own peace of mind - BDG, DGR, DIO, DOM, 
GBG, and GTM.

My personal favourite is GBG because of the speculative excitement 
surrounding recent high grade gold discoveries at Bobby McGee in their 
highly prospective Mt Mulgine Western Corridor. Should further exploration 
provide similar or better results, then GBG will hit the moon. It's all in 
good safe Gold winning Australia.

If you want to profit (reasonably securely) over al least the next 3/5 
years, then the best thing you can do is forget fundamental analysts and buy 
some gold bullion and/or gold shares (also copper, nickel and silver). The 
smart investor has been doing so for the past couple of years, mutual funds 
are only just beginning to do so, and later when the bull rush starts in 
earnest - Joe Bloggs will typically jump in towards the end when it's too 
late as usual to maximise profits.

By then gold may well be around $1000 per ounce, and the fundamental 
analysts will still be crying foul (it's only junk in the ground - it's 
useless - it's going to fall in price) but your shares should be worth ten 
times what they are today. Rest assured, one day the fundamental analysts 
will be right (gold will fall) - but by then, you should be rich.

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