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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (32970)	11/27/2004 2:55:51 PM
From: Taikun	Respond to of 39344

DAK, What do you reckon about this piece on th HUI? Do you think the leverage is waning? I wonder if that is because the POG appreciation is USD devaluation-driven (possibly not demand-driven?) What do you think? From Kitco: Gold-stock investors and speculators, blessed with dazzling realized profits for years now, are growing ever-more nervous over an increasingly obvious anomaly in the premier HUI gold-stock index. The famous HUI leverage to gold has inexorably fizzled in the past couple months, sowing confusion and fear in its wake. kitco.com D