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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (35181)6/11/1999 5:31:00 PM
From: cAPSLOCK  Read Replies (2) | Respond to of 116758
 
Haha.. very funny.

But yes it does.

Lets say I buy gold at $300/oz. Last year...
Gold drops to $258 and bottoms.
Gold runs from $258 to $293. A 35 dollar run.

But I am still down seven bucks.

Lets say I bought one day into the rally (a day late as you said) and I missed half the run. I would be in the blackby $17.50/oz.

"Better to have been a day late than a year early..."

See? Altruisms in the markets are rarely worth a cooled poop.

respectfully,
cAPSLOCK