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Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.22-0.5%Jan 2 4:00 PM EST

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To: long-gone who wrote (28681)2/21/1999 10:24:00 AM
From: Glenn D. Rudolph  Read Replies (2) of 116837
 
Did you not find my prior answer in depth enough?

Actual possession of(a little) solid gold is great(IMHO), though, I have some leverage
presented by direct ownership of (seems like a great deal to me) of gold mining issues -
both major and Jr. companies.


Richard,

I do not want to make a fool of myself since I just decided to jump into this thread and have not read anywhere near the 20,000+ posts.

Do you mind linking your answer so I may read it?

I am in the retail jewelry business so I own a fair amount of gold in "solid form" for sale. I may increase inventory at times if I believe gold will move up but that reduces inventory turn. There is just not enough leverage.

I will try and locate your answer on my own too.

Glenn
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