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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: goldsheet who wrote (42577)10/10/1999 11:50:00 AM
From: long-gone  Read Replies (2) of 116785
 
Bob,
You said. "All gold stocks (hedged and unhedged) are diverging from gold bullion. The market still doesn't make the distinction, and the statistical difference in performance between hedged and unhedged is insignificant."

Perhaps this should near only fall into the "fun with numbers" category, but this chart is very interesting and shows another point of view. Could it be we are looking at the bare beginnings of a future when, much as in the steel industry, "boutique" production operations will do the best?

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