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


To: Cascade Berry who wrote (43382)10/19/1999 5:18:00 PM
From: Enigma  Read Replies (1) | Respond to of 116753
 
Now correct me if I'm wrong - but isn't gold up over $50 from where it was but a few short weeks ago? Much has changed - especially on the CB front. There's no substitute for doing a little homework. There's a National Bank report out on Barrick just now - I haven't seen it - but my broker mentioned it to me - many misconceptions about ABX - and a lot of simple envy - but the gist of the report is, I believe, that the stock should be $4 higher than it is now - so perhaps the shrewder folds are accumulating.



To: Cascade Berry who wrote (43382)10/19/1999 8:15:00 PM
From: long-gone  Read Replies (2) | Respond to of 116753
 
<<Given the fact that it is now not obvious HOW TO PARTICIPATE in a POG rally, other than by buying bullion (not likely by most regular investors), as gold stocks are now TOO TREACHEROUS even on rising gold prices, most players will now avoid gold completely. >>

You might wish to check the sales of bullion coins, & then htere are teh precious metals mutual funds which can give one the upside protection of gold with-out holding the bullion one's self, or researching mining firms all waking hours.