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.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (43433)	3/23/2002 8:17:10 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

Gold stock and gold are two different animals, the XAU has broken up, but gold, is still not going far here. Iy could break, but it needs to break $330. Many of the small producers with costs in the $270/80 range are extremely leveraged to even small deviation from that price, so a $20 run in gold, could mean ten times more profits than in the last few years (those that have not hedged too much in the last few years). As for those buying gold last year, did they do better than Larry riding the Q just from September 28 to December 20th? I doubt it. Zeev