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


To: Gabriela Neri who wrote (11268)5/5/1998 12:21:00 PM
From: Abner Hosmer  Read Replies (2) | Respond to of 116761
 
Not a bear, Gabriela, just someone who believes the risks should be emphasized along with the potential for rewards. Still, I believe that the POG has some serious overhead to chew its way through in the form of the many stressed miners worldwide who will be eager to hedge as the price rises to the profitability level. And I think they will find eager lenders in the states of the European Union.



To: Gabriela Neri who wrote (11268)5/5/1998 3:12:00 PM
From: Abner Hosmer  Read Replies (2) | Respond to of 116761
 
kitcomm.com



To: Gabriela Neri who wrote (11268)5/5/1998 10:21:00 PM
From: Terry Rose  Respond to of 116761
 
Gabriela, I really liked the last part of your post "The obvious in financial markets never rules the roost." I guess that's why I feel comfortable in investing in the gold market since I am buying close to the level of the cost of production and I can let the cycle play itself out however it transpires.

Terry,