patc@tekecs.UUCP (Pat Conley) (07/28/83)
Silver is a local american replacement for gold and as far as I know it will not perform overall in the world market during a crisis the trading of silver for speculation was originated because of the unavailabilty of gold by our federal government. Americans desiring to have a metal commodity of there own "created" the silver market. - On the subject of mutuals the best performing is Twentieth century ultra and the least favored is Value line leveraged growth. currently the highest strength ratings are .... fidelity select technology, twentieth century ultra, constellation growth, tudor, founders special, and hartweel leverage. - On the subject of money markets, lets first mention some indicators overall the million dollar rule is "when the discount rate moves up put your money the money market, when the discount rate moves down place your money in the mutuals" When your money is in the money market be concerned with safety your best bet is "capital preservtion", which has the "AAA" rating as it is totally funded in T-bills. - the hot thing these days is switching, i.e. moving your money between the money market and mutuals via the good old phone. The two outfits giving the best deals are rowe price new horizons and dreyfus number 9. Of the two rowe price is the best performer. - for newcomers ... every company named near can be simply contacted as follows dial 800-555-1212 for 800 toll free information then give them the name of the company your interested in and those folks will give you the 800 number for that company then call and ask about the mentioned funds and give them your name and address and they'll send you more information than you'll ever care to read. If you have any questions please send mail. - The NIRIC indicator for this week is 10 a very bearish indicator - this information in no way reflects the opinon of tektronix