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


To: Enigma who wrote (11950)5/20/1998 12:36:00 PM
From: posthumousone  Respond to of 116820
 
re: bankruptcy......do people that declare keep everything that bought????? It seems to be the in thing to do ...there is no shame anymore



To: Enigma who wrote (11950)5/20/1998 12:50:00 PM
From: Ahda  Read Replies (1) | Respond to of 116820
 
not sure quite what you want here are three i have.

contingencyanalysis.com
pathfinder.com:80/time/magazine/1998/dom/980525/asias_crisis.the_banks_n8.html
troweprice.com



To: Enigma who wrote (11950)5/23/1998 12:03:00 PM
From: William JH  Read Replies (2) | Respond to of 116820
 
Thanks for answering my question about credit card defaults.

Another question. According to a summary from "Mining Engineering"
written by a man who works for a mineral economics consulting firm,
(posted on YAHOO ECO board, #635), the cost of production of gold by mining companies is greatly understated, perhaps as much as $100 per ounce.

This makes sense to me, since I can't find any E in the PE of gold mining stocks, even those who have sold forward at higher prices.

If the costs actually are much higher, wouldn't it be much better to own the physical gold, or futures contracts, than to buy the mining stocks?

Thanks and best regards,