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Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (623)2/5/2003 3:39:10 PM
From: Wyätt Gwyön  Respond to of 1210
 
one hedge i would consider against long gold equities is possibly shorting CEF when POG seems overextended. hopefully there will be a bullion ETF before long, and if/when that happens, i doubt CEF will trade at a premium to NAV. i have considered this as a pair trade with FCX long, though i doubt i'll do it (short CEF, that is; i'm already long FCX)