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jrhana

12/13/02 12:27 AM

#55153 RE: jrhana #55151

Fidelity Select gold is an excellent choice if you do not have the time or inclination for the stocks:

FSAGX up 5.85% today.

There are several other excellent gold mutual funds. I just own (as do all my kids) this one and like it. I sold in May 2001 my Select Technology Biotechnology and Developing Communications funds and put all proceeds into the select Gold Fund and thereby saved my rear end.

BTW severeal gold stocks have been exhibiting classic cup and handle formations-not just the metal. GG is just one example.

Anyway hope at least some of you guys can wake up. No man is so blind as he that refuseth to see.


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mlsoft

12/13/02 12:45 AM

#55155 RE: jrhana #55151

"All very risky of course but the potential is enormous. You guys are just trying for pennies in stocks whose only future is to slid further into oblivion."
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jrhana...

Well, I keep trying to pick up a penny here and a penny there.

Actually, my little girl's college fund has been entirely in gold stocks since the beginning of the year, except for when we took some profits now and then and re-entered on pullbacks. She is up from cosmetology school to a reasonably good junior college, with hopes of Nirvana (The University of Tennessee) on the horizon, just like her pappy.

(In the real world, gold needs to go a bit higher since she wants to be a neonatologist which as near as I can tell, takes about 35 more years of schooling <gg>.)

mlsoft