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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.87

+3.6%

Dec 11 4:00 PM EST

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To: d:oug who wrote (81817)	2/10/2002 2:15:48 PM
From: goldsheet	of 116814

"... and that people can ignore it at their peril!" I ignored Bill Murphy in 1998 when gold was $350 and he predicted $600. Let's assume he is indeed now 100% correct and gold hits $600 by yearend. Math lesson: 600/350 = 1.71, or 71% over 5 years IRR (internal rate of return) = 1.71 ^ (1/5) - 1 = 11.4% Great track record :( I made more last week in two days trading ABX shares. Do you actually own or trade gold shares or just talk about them ? No need to mention your winner that changed names and did a 10:1 reverse split.

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