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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: bw who wrote (7907)1/13/1998 6:18:00 PM
From: The Perfect Hedge  Respond to of 95453
 
>>.[and could save a case of the glens]<<when you're right-you're right...I am adopting a similar plan after this nightmare ends.GD



To: bw who wrote (7907)1/13/1998 7:15:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
bw,
I keep bringing it up but here goes again...Oil and Gold have a strange synergy.They make a great tandem hedge play against the overall market.Do a news search on Yahoo for SWC and ABX if you want some diversity.pm stocks are soimilar to oil in this way: The price to get your commodity to market is fairly stable.When the commodity(oil or gold) goes up, profits are leveraged dramatically.Sort of like drillers and day rates.
Dave