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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: William JH who wrote (14649)	7/19/1998 2:43:00 AM
From: Wizzer	Read Replies (1) of 116764

Rather than have a lot of savings that pay a paultry and taxable interest rate, I'd rather have some physical gold, available at about the cost of production. That sounds like a good investment approach. I believe in the near future that gold will be return to its favourability as a major investment vehicle. In the past, gold was used almost exclusively to protect money in times of war, depression, currency devaluation etc.... More than that, in my opinion, it is the only real "universal currency" that has withstood the challenge of time, and remained a valuable asset. It really surprises me that the POG has been depressed for such a long time. It appears as though sometimes the price tries to rise, and then is beaten back down. As they used to say in the days of yore, here's hoping one day you will be worth your weight in gold!!

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