>>>> Dear Gold Bug Claire...
I have recently taken a renewed interest in my Portfolio of mostly Autralian Gold and Mineral Sands mining companies and lo and behold, I happen to own nearly 10,000 shares of Aurion Gold, the company being taken over by Placer Dome... Last time I looked, it was Delta Gold, then it merged...
Also got Iluka, Newcrest, Western Mining and a couple more... All in all a nice little portfolio worth just under $200K, which I hadn't bothered to look at for a couple years, or so...
It even yields over 5% in dividend and the Aussie Dollar is on the mend...
Perhaps, I should sell some and buy more SEVU shares?...
BTW, I have finally figured out the real reason for the rise in gold price: the $US Dollar is soon to lose much of its luster and alternatives, such as the Euro, Ruble or even Swiss Franc are not very appetizing...
What's left: precious and rare metals, since there is too much of a mark-up and artificial market on pebbles, such as diamonds...
$500.00 is my initial target, for Gold, a nice and round figure...
JMHO, F. Goelo + + +
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