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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Enigma who wrote (2072)9/20/2000 9:07:08 PM
From: JACK R. SMITH JR.  Read Replies (2) of 3558
 
Enigma,

I have never visited here before, but my thought is that Trader brings up a very complex subject that perhaps you should explore in more depth. The use of borowing, hedgeing, central bank loans at percentage, and derivatives have placed the precious metals industry in grave danger, along with a great number of financial institutions. You need to understand the mechanics, and the implications. I mean not to demean you, but the subject is complicated and has great implications.

Regards,

Jack
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