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

To: Ken Benes who wrote (43803)10/25/1999 1:39:00 PM
From: Enigma  Read Replies (1) | Respond to of 116837
 
A little confused are we this afternoon Ken? Gold goes down as well as up that is why people hedge.



To: Ken Benes who wrote (43803)10/25/1999 9:26:00 PM
From: Robert Dirks  Read Replies (1) | Respond to of 116837
 
>>>There is absolutely no reason to own the big gold producers with the possible exception of any that are not hedged.<<<

Im one of the biggest ABX bashers around....
I will no longer touch any HEDGER or FUND that owns a HEDGER out of principle..... F Them.......

Definitely part goes into bullion, but in an RSP your very limited.
If you think GOLD is going to the moon one day, then your pretty safe with unhedged senior like HM.

RD


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