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Re: None

Wednesday, 02/05/2003 12:20:22 PM

Wednesday, February 05, 2003 12:20:22 PM

Post# of 704019
Basserdan, George cole,....Midas,

Thanks for your imputs. I look at several PMs actually and their historical performance to the POG but came away with a mixed bag. For example in "96 with POG at $400 GLG looked about $7-8. Had a hard time puting my finger on production level camparisons, aquisition and merger implications reguarding hedging ramifications, general changes of companies over the years and so on. I do agree that the recent movement in POG is related to war but that the underlying conditions of currencies, economies, deficits, etc. will support the move when and if the dust settles. FWIW, my broker had 20-30 clients that were into gold in the eightys. Still has the same clients today but only three are into gold at this time. I am just glad that I burried those gold bricks in the forest behind my
house......now let's see was it the seventh tree, fifth
rock, eighth bush....or was it....aw geeez...

Benj


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