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Strategies & Market Trends : Ride the Tiger with CD

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To: Cogito Ergo Sum who wrote (12614)	9/3/2004 9:43:01 PM
From: Canuck Dave	Read Replies (1) of 312399

When I first started getting interested in precious metals, I got some ABX and PDG, them being the big names and all. Until I found out what "hedge book" meant. I just looked at the 5 year chart of ABX. Looks just like the 3 year. The thing's been poison for all that time. All that complicated hedging. Why even consider it? Just my opinion. CD

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