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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: Don Green who wrote (18020)	9/7/1998 10:08:00 PM
From: Giraffe	Read Replies (1) of 116912

>>So how long have you been buying Gold and losing money.<< I bought mining shares from March through May OF THIS YEAR. >>What is your average entry level? $350 -400?<< I believe POG was about 295-300. Any other questions? BTW I've kept my eye on the gold market for the past 16-17 years. This is the first time I've felt moved to invest in a big way ... although back in 91 I bought a few thousand dollars in gold call options about two weeks before Iraq invaded Kuwait. Over the next six months my position grew to about $70k and then I lost most of that - in the process learned something about money management and the complete stupidity of being an option trader (at least options are pretty stupid if you don't have the proper tools and training). But I still wound up about 10k ahead. So that's my story.

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