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Strategies & Market Trends : Position Trading Forum

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To: AugustWest who wrote (3026)10/7/1998 12:28:00 PM
From: TLindt   of 7247
 
The only thing I'll add and get out, is NEM is almost a must have. If you want to play this...smart.

Just a little history on the 1929 crash and your position in HM.

biz.yahoo.com

Holding gold during a global economic downdraft has more than a shred of basis in history. The shares of major gold mining producers, San Francisco-based Homestake Mining Co. (NYSE:HM - news), for instance, jumped more than 700 percent during the 1929 stock market crash, a time when most stocks declined 90 percent.

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