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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Dan P who wrote (815)12/1/2003 10:01:02 PM
From: Wade  Read Replies (1) of 972
 
Dan,

I like this fund. My only worry is about their ABX position. From the latest price actions of ABX and Peter Munk's decision of no more hedging....made me worry if ABX is solvent. This has been a dark shadow over my head since I bought it. I sold my ABX this morning for this reason. May be I and many others just too sensitive about this issue. But, I had to consolidate my holdings.
Wade
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