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Politics : Idea Of The Day

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To: Murrey Walker who wrote (32584)8/24/2000 12:27:04 PM
From: PMG   of 50167
 
hi Murrey,
I didn't want to say that one should necessarily get into old coins or physical gold. I was rather thinking of certain stocks or contracts which are coupled to gold price. When the market is between breakout and potential correction, this might be a good and cheap hedge. Today XAU and IIX are both nicely up while COMP tries to pierce a major down trend line. The risks that stem from high debt belong more to the background than to daily action anyway...
Regards
PMG
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