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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.62+1.2%Dec 17 4:00 PM EST

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To: peterhamilton who wrote (83705)3/24/2002 10:41:26 PM
From: IngotWeTrust  Read Replies (2) of 116815
 
THIS ISN"T GOLD STOCKS 101 thread, jerkface. Besides you exalted gibberish when you put GATA at the head of your reasons to be involved with gold stocks. Believe it or not, some of us were in this sector while Bill was still playing without a helmet for the ignominious OLD N.E. Patriots.

Just thought you'd appreciate some facts, that's all.

Your beloved HUI index is hot air and gibberish as well. Here's why:

HUI by definition is made up of producers who HEDGE TWO YEARS OR LESS. They ONLY have to make that avowal when they first qualified for inclusion in the index umpty years ago. God only knows if they still are only 2 years hedged at this late date or ever "strayed" inbetween origination and current "chart entrails devination.".

A hedge is a hedge is a hedge. A two year hedgebook is like being kinda pregnant: Ain't no such thing as only "kinda hedged" if you don't count my first two years of hedges....

Price of gold will go down because it is a dense metal and law of gravity has not been repealed, regardless of Smurphy's railing and ranting, and your touting him on this thread.

C'ya, sucker.

g_t
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