gold shares , page-5

Finicky,
Unfortunately spreadsheet of data would not copy so deleted from article.
Key point is that we need stable or rising markets to gain benefit from gold/silver shares cf falling market.
It is going to take some time for the general public to recognize what has happened to the money supplies around the world, so we have time on our side before acquiring hard assets. Still think bottom not yet reached but could be around April 2009.
In late 1970's gold shares were wonder assets to own.
Regards
Buffett