Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Enigma who wrote (43806)	10/25/1999 1:51:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 117029

Confused, not at all. Volatility in the underlying commodity is usually good for trading stocks. In the case of the gold producers, the upside is limited, while downside does exist. Why own a stock if its ability to appreciate is limited. It is elementary Mr. Double D, take off your blinders and look beyond your fascination with hedging and view hedging from the prism of a stockholder in the gold producers. Translation, there is little money investing in the hedged gold stocks regardless of what it means for a balance sheet. I repeat, sell the producers into any rally, the companies are not cognizant of their shareholders. Ken