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To: GodGunsGuts

In your Zeal article post he writes that mines will save their best ore grades for leaner times. I’ve read where in times with the prospect of much higher gold prices mines will save their best ores for much greater profit at higher POG.

My wife works for Oppenheimerfunds so I didn’t have a choice for a gold mutual fund since their 401k’s only have available their own mutual funds for purchase. Their gold fund, OPGSX, has done very well. We don’t have pay an upfront 5.7% sales fee. Here’s a performance chart for USERX, BGEIX, and OPGSX. Just for your information.

http://stockcharts.com/charts/performance/perf.html?userx,bgeix,opgsx

I figure if you know Zeal you also know Jim Sinclair. The best to you and your investing. Things sure are looking good now for gold.


27 posted on 10/07/2007 1:29:36 PM PDT by jwh_Denver (WWII. "I built a slit trench, a mortar shell came in one side and blew me out the other")
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To: jwh_Denver
Yes, I have been reading Jim Sinclair for years. Not sure why your fund has pulled ahead of US Funds in the short term. But I did notice that the Oppenheimer fund is a mixture of gold and precious minerals (USERX and UNWPX). US Funds separates them out into two funds. However both outperform Oppenheimer in the longer term. Like you, one of my employer provided retirement funds only allowed me to choose a limited number of gold funds, all of which left something to be desired compared to my top picks. So I have had to set aside additional funds to invest in my preferred funds. But, as Jim Sinclair would say, we should all clean up handsomely as long as we stay disciplined. As I am sure you well know, this gold bull still has a long, long way to go. All the best to you and yours--GGG


30 posted on 10/07/2007 1:54:08 PM PDT by GodGunsGuts
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To: jwh_Denver

Sorry about that. Stock symbols in parenthesis belonged in the next sentence. Ooops!


32 posted on 10/07/2007 1:57:47 PM PDT by GodGunsGuts
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To: jwh_Denver

We don’t have pay an upfront 5.7% sales fee
____________
I would and I looked at them. With no fee it’s very very solid from what I’ve looked at


38 posted on 10/07/2007 3:42:00 PM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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