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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: Ahda who wrote (16567)	8/26/1998 11:35:00 AM
From: long-gone	Read Replies (1) of 116762

Darleen, Can you help me out here, I'm trying very hard to understand something? OK, We are told by every market expert that the market is ALWAYS a better investment than buying and holding the metal - Right? Well, Last year, I caught a coin shop going out of business. I bought a big bunch of Silver Eagles & Maple Leaves. Paid $.45 above spot(because I had cash). Now, those coins are up better than 12.9%.(+ now worth a greater premium over spot because they are Eagles and maple leaves) Now, if I had bought the Vanguard Fund that covers the Russell 2000, I would have lost 11.4%. How is losing money better than making it? rh ps Next couple of days, i may get better off on gold. rh

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