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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Yogizuna who wrote (857)9/12/2003 4:44:18 PM
From: Wade  Read Replies (1) of 48092
 
Yogi,

WGC has been hiding the facts of gold hedging of mining companies which makes me wonder if this is another way to protect those situations.

I also wonder how their investors know that they really get real gold bars or paper certificates from the dealers if Equity Gold is not responsible for it. And, how do they know if GLD buys gold from the market, or leases it from central banks, or get promises of delivery from mining companies. I will read all of the fine prints again. I don't feel comfortable about their prospectus.

Good for you to get out early. My Mom still has her $800/oz gold.

Wade
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