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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.960+1.6%Nov 5 3:45 PM EST

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To: Italian Investor who wrote (1225)2/6/2013 2:36:07 AM
From: refugee investor  Read Replies (1) of 1366
 
Thanks for the post. Maybe I should hurry up and put some cash to work with Bruce before it is too late. I would have saved a lot of time and trouble if I had taken the plunge with him in 2000 or whenever it was. Nice that he is so positive on BAC.

Did you see the WSJ article about how institutions are leaving commodity index funds? I keep a very loose eye on RJA and it sure does not do a whole lot. How is the Jap bond play going? Thinking back on the leveraged fund, you are right of course it must be expensive to run it, the 1% cost are probably just the fees that go on top, the cost of the leverage must be baked in somewhere else.
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