tag:blogger.com,1999:blog-5975869446501122263.post1927882022905163383..comments2008-06-08T16:44:00.088-05:00market follyhttp://www.blogger.com/profile/07691612544809256786marketfolly@gmail.comBlogger2125tag:blogger.com,1999:blog-5975869446501122263.post-67686950302504733672008-06-08T16:44:00.000-05:002008-06-08T16:44:00.000-05:00yea exactly. the only thing i guess that makes me "ok" with this move is that it is by no means a large part of his portfolio. His gold mining positions are tiny compared to his positions in copper producer FCX or the rails or oil. I just wanted to point it out since he was adding them across the board it seems. The main thing will be to see if he continues to add them in the next 13f filing.marketfollyhttp://www.blogger.com/profile/07691612544809256786noreply@blogger.comtag:blogger.com,1999:blog-5975869446501122263.post-52744404678207102482008-06-07T17:23:00.000-05:002008-06-07T17:23:00.000-05:00Got to scratch my head on the whole loading up on the miners as well theme. I have always thought it safer to buy the commodity itself directly, whether through an ETF or actual possession of the commodity. I think the miners are facing some increasing input costs, such as fuel and labor. Maybe Barakett is expecting a "super-spike" in gold prices to offset these costs.<BR/><BR/>Saying that, the junior miners are looking interesting about now. Especially those with proven reserves. I think that as it gets more expensive and difficult for some of the big names to develop and locate deposits, the junior miners might become attractive buyout targets.AngleEdgehttp://www.blogger.com/profile/01760174568693359397noreply@blogger.com