m100 Targets Gold

09/18/2002 12:00 am EST


Ken Kam

CEO, Marketocracy, Inc.

Ken Kam's Marketocracy is a unique online service that allows individuals to create their own hypothetical $1 million mutual fund portfolios. The top performers among the thousands of participants represent the m100.  Selections made by the m100 are then used in a group of actual mutual funds. The buys and sells of the m100 are covered by a weekly publication, the m100 Journal, which notes that the top performers are now favoring gold.

In its latest review of the positions recently bought by the m100, Marketocracy notes that the metals sector represents the current top 10 positions by portfolio value. Here are the top ten holdings, ranked by portfolio value:


Durban Roodepoort Deep ADR (DROOY OTC)

Harmony Gold (HGMCY OTC).

Newmont Mining (NEM NYSE)

Pan American Silver (PAAS OTC)

Gold Fields Ltd. (GFI NYSE)

Meridian Gold (MDG NYSE)

Goldcorp (GG NYSE)

Silver Standard Resources (SSRI NASDAQ)

Glamis Gold (GLG NYSE)

The m100 Journal also notes, "This week, Crystallex International (KRY AMEX) made a strong showing as a top new buy. Crystallex is mainly engaged in mining, development and exploration for gold. Uruguay, Venezuela and Canada are currently sites of its exploration activities."

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