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Gold/Mining/Energy : Precious and Base Metal Investing

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To: The Vet who wrote (32299)11/15/2004 1:39:47 AM
From: LLCF  Read Replies (1) of 39344
 
<Is it just me, or does everyone else see this oft quoted excuse, as nonsense?>

No, it's not nonsense at all...

<No investor including the pension funds are COMPELLED to buy anything,>

Of course not... but if they're DYING to buy something but not allowed till its a listed NYSE stock, that's different. This is for real.

<if they are not allowed to buy commodities then they just don't buy the gold ETF.>

Or they might, because it's a NYSE listed stock... they point is they CAN.

<Many don't buy stocks under $5 or stocks with MC less than $1 billion etc. So should the exchanges not be allowed to list a stock simply because the pension funds are not allowed to buy it? >

That's right, we can expect the biggest of the big to start piling in well after gold has doubled from here and the ETF's fight they're criteria. NFG!!!

DAK
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