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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%Dec 5 4:00 PM EST
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To: peterhamilton who wrote (83700)3/24/2002 8:01:01 PM
From: IngotWeTrust  Read Replies (4) of 116796
 
Gold Price's relation to gold stocks for New Investors -101

1) Price of Gold goes up. Price of Gold goes down.
2) Gold itself is very heavy,and that fact alone weighs down Price of Gold
3) Organizations and newsletters have NO clue why the price of gold fluctuates.
4) People who make money in gold stocks buy low and sell high, sometimes.
5) People also make money who sell high first and buy back cheaper when gravity works on Price of Gold.
6) Everyone speculating in this sector has a hot tip.
7) A gold recycler like me makes more % return per ounce than EITHER those who either mine it or Buy & Sell it. Ask me how @ mailto:goldtutor@aol.com.
8) If price of gold is $270, you must buy it for less than $270 to sell at $270 to make any money from long side.
9) If mining gold, you must mine it for less than $270 to sell it @ $270 to make any money as a mining co.
10) If you don't mine gold and still want to play, you can rent or lease it and still do number 6 strategy.
11) If you don't mine it & don't lease it & can talk someone into giving it to you instead, @ no cost, #6 still works.
12) If you want to make money in gold equities, then change #6 above to share price and do it anyhow.
13) The price of gold is not expensive, it is just a number. Expensive is a moral judgment.
14) Price of gold is not a moral issue.
15) Immoral people own gold
16) Moral people own gold
17) Pure gold 24K metal is not the best way to sell gold if you want to make ALOT money in gold per #8 above.
18) The price of gold has nothing to do with the price of gold prospecting equipment.
19) The cost of gold has nothing to do with the price of the gold sold on Home Shopping Network.
20) If you want to read about goofy African warriors and gold conspiracy theories, order a copy of Milton's Paradise Lost off of Ebay's Half.com
21) The gold is calculated in Troy ounces and that's not the name of Dr. McGiver's evil twin brother's scales on ABC TV's One Life To Live weekday afternoon soap opera.
22) G.A.T.A. really stands for Gold's Always Taken Away from clueless at a current rate of 1/2 oz per annual subscription for nightly hot air at an internut cafe. No little mints are served afterwards to calm indigestion.
23) People who make lists of helpful gold discussion websites usually forget about sharelynx.net
24) Gold dredges are not new inventions for finding and retrieving gold from ancient riverbeds, (see story on sharelynx.net above)
25)...intentionally left blank....
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