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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (2977)5/21/2002 6:32:08 PM
From: russet  Read Replies (1) of 3558
 
They are only claiming the $365/ounce by assuming that the gold they borrow and sell short today is going to produce proceeds that can be invested for enough years at 5% to equal $365 gold.

So your wisdom is to leave the gold in the ground for up to 18 years and ignore it, when you could be making interest on it. More incredible logic from the wonderous Nucklehead!!
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