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Gold/Mining/Energy : GOLD-XAU

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To: ahhaha who wrote (1439)4/26/1998 12:54:00 PM
From: IVAN1  Read Replies (2) of 1756
 
Linkage between gold stocks and the market

Ahhaha, enjoyed your post very much! I am a newbie to gold (but an oldbie to Y2k and am trying to cover my ass-ets.)

What about the coupling between the general market and gold? If the market corrects for whatever reason, do ABX, NEM, and HM go down in lock step. I am only interested in gold as a Y2k hedge. Do gold stocks still make sense as the way to go?

And what about mutual funds. If you had to suggest one or two, which would you pick?

Any advice from anyone on the thread would be much appreciated!!

Many thanks in advance!

Ivan1
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