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


To: lorne who wrote (66379)3/21/2001 6:36:48 PM
From: lorne  Respond to of 116764
 
AWSJ: Mining Cos Polish Gold's Image To Draw Asian Fund Cos.
Gold will regain its sparkle in equity-fund portfolios, if the mining companies get their way.
" Gold funds typically move by three to four times the change in the price of physical bullion because of the exposure of mining companies, especially unhedged ones, to gold price volatility, according to Mr. Fukuyama. "They are therefore most suitable for people who want a leveraged play on gold or want a `diversifier' of their equity portfolio," he said. "
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thebulliondesk.com