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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (158467)10/19/2008 3:03:39 PM
From: Jim McMannisRespond to of 306849
 
RE:"FDR signed a Presidential decree greatly increasing the price the government paid for Gold, so Homestake Mining shares were the winner."

Unfortunately most "gold stock investors" (term used loosely) don't look into it that deeply and assume gold stocks do well going into a recession-depression...citing Homestake in the 30's. Then they wanna know what went wrong.