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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Nevada9999 who wrote (9910)4/28/2006 2:51:13 PM
From: aknahow  Read Replies (1) of 78419
 
GLD follows the spot price of gold. Gold fell and GLD shares went down. Period! End of story.

Have never seen such a complete misunderstanding of something as there is about the gold and silver etfs. In large part, I blame the vested interest, dealers in physical, who rightly see ETF's as strong competition for potential customers and have attacked ETF's with misleading and at times false information.

Own no physical, own no ETFs but do own junior golds. Have considered GLD but not yet bought any.

Little guys that don't want to be hurt, should try to understand the facts more than many do, before they place their money or bets. Did not want to say invest. <g>

Down with the little guy, that just wants to blame others for their hurt!

Any little guy buying GLD instead of physical has probably become less of a little guy over the past year and a half.

Grow up, little guy. <g>
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