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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

Jan 16 4:00 PM EST

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To: IngotWeTrust who wrote (13646)	6/23/1998 10:50:00 AM
From: John Lacelle	Read Replies (1) of 116874

ole 49er, Yea, I agree that collectables can really diversify a portfolio. The problem is that one can get really emotionally attached to a collectable and in theory, not so attached to a stock or Krugerand. I know someone who used to collect those packing crate labes like "trout Apples" and that kind of stuff. One day, she was feeling really poor and there was a collectables show in town featuring those kind of labels. She went down and sold her collection and then cried for weeks afterwards. I have started collecting classical guitars myself, but there is a problem. If you play them (as I love to), you wear them, and thus reduce their value. Worse yet, they tend to go bad all by themselves just due to string tension, and atmospheric changes. It is a type of collectable that can waste away... more tears! Ciao, -John

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