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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: Gabriela Neri who wrote (11268)5/5/1998 12:21:00 PM
From: Abner Hosmer  Read Replies (2) of 116762
 
Not a bear, Gabriela, just someone who believes the risks should be emphasized along with the potential for rewards. Still, I believe that the POG has some serious overhead to chew its way through in the form of the many stressed miners worldwide who will be eager to hedge as the price rises to the profitability level. And I think they will find eager lenders in the states of the European Union.
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