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

To: Enigma who wrote (50425)	3/15/2000 5:32:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116815

My point is that if you notice all of these little variables maybe you could put your time to better use by profiting from them in some way. Like shorting NEM against a call option in ABX. Some hedge funds short NEM/ABX against long positions in the other. Then they wait for the spreads to narrow. NEM has limited upside above a 10% move in Gold. A rise in gold, is more likely to move a higher div, lower PE, and larger Mkt cap company faster then the other. Right now ABX is undervalued relative to the POG. PDG is greatly undervalued. Had PDG not slowed down hedging, I think they would be higher. Hutch