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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%Nov 19 4:00 PM EST

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To: Enigma who wrote (58278)9/18/2000 5:23:57 PM
From: Ken Benes  Read Replies (1) of 116762
 
You do not have to be an investor nor a speculator to spot a dog. For all of barricks cleverness, innovative hedging techniques and low cost production, they are selling at or near a price the reached 7 years ago when in fact they were producing 2 million less ounces than they are today. With another 8 years of performance like that, they may be peddling their stock certificates from a push cart. But the bullion bankers love them as do the cb's.

Ken
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