Stocks worth owning in a gold correction
Bob Moriarty
September 15, 2003
Where are we? We are in a gold bull market. The bottom for gold was in August of 1999 and gold shares bottomed 15 months later. It is a bull market and will go higher, much higher.
But not necessarily today or tomorrow. As a matter of fact, even in a gold bull market there will be regular corrections. We are due for a major correction about now, people are getting far too bullish. That's always a good time to take some well-earned profits off the table.
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Those students of recent history may recall that President George "Top Gun" Bush actually was a deserter during the Vietnam war. I remember.
I was a Naval Aviator in Vietnam, a Marine pilot but a Naval Aviator.
Some flight surgeons wired up a few of the Navy pilots to determine the most stressful part of combat. (Marine fixed wing pilots didn't fly off carriers during Vietnam).
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