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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%Dec 5 4:00 PM EST

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To: donald martin who wrote (33832)5/13/1999 8:27:00 PM
From: long-gone  Read Replies (1) of 116796
 
<<That assumes several hands are played. And/or that the duration of the hands are short. I suppose it is if you trade on margin, or with money you can't really afford to "invest" (my time frame for investing is up to 10 years. not 9 months). This analogy may well apply to short term speculators, but I don't have a great deal of sympathy for them.>>
There are several vaible mining companess which have now gone under, many others that have been driven from a multi-year high profit position to a near bankrupt position.
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