SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (12)2/24/1998 2:30:00 PM
From: Richard Mazzarella  Respond to of 972
 
Larry, Thank you very much. I wasn't aware of CEF on the AMAX. That would sure be a neat way to play the metal. Looking at the chart, it seems that the reversal must have been the effect of silver and some improvement in gold. Holding the metal gives me a good feeling, but I understand that the mining stocks are the highly leveraged proxy on the metal and have more potential for gain (or loss <VBG>). Maybe a little physical metal (held as CEF) makes some sense? I hope you will reconsider your affiliation as lurker and actively post. Maybe you could give us a weekly update on the Barron's index? Finding the gold stocks and funds are a part of the profit formula, but market timing is the tough part IMO. Thanks again.



To: Larry S. who wrote (12)2/25/1998 2:46:00 PM
From: Bob Jagow  Read Replies (1) | Respond to of 972
 
Larry,
Noticed CEF shows big spike(o/h/l/c 4.438/5.438/4.375/4.438) on 2/05/98, the day after it closed up .312 on very high vol. Wierd but Yahoo's chart confirms.
For lurkers, it current sells at a 7.8% discount.

Bob