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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Ironyman who wrote (6688)1/24/1998 7:51:00 PM
From: PaulM  Respond to of 116764
 
Eric, a number of the same considerations went though my mind when I decided to begin investing in this market a couple of months ago. They have merit IMO. I would add that cost assumptions for miners always appear flawed as they don't seem to take into account the effect of inflation on the future stream of profits accruing from the mine. I think there's been a huge miscalculateion and I expect volatility too.