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


To: James R. Barrett who wrote (14728)7/20/1998 6:56:00 PM
From: goldsnow  Read Replies (4) | Respond to of 116762
 
You must admit there is something satisfying in being able to say,
"yeah, I paid ten grand for it and sold it for twenty".

Not so. If you sold it for twenty and it went up by another fifty...:)
Besides what Richard is undoubtedly implying (he is 75%) metals--he will be one of the few to really win...If you diversified or hedged
and your other stocks have dropped there will be nothing to brag about
One more point $600 POG means many times that in mining stocks
(in right ones as much as 5000-10,000%)



To: James R. Barrett who wrote (14728)7/21/1998 7:07:00 AM
From: long-gone  Read Replies (2) | Respond to of 116762
 
Jim,
I don't know about all people on this thread, but I for one would like to unload a little of my stock were gold to hit 600. But, we can not overlook these facts.
1. Most mining companies have (in history) returned a great deal of their profits to investors in the form of dividends and splits.
2. Many posters to the gold threads are (and will always be) goldbugs.
it is in their blood, they can not(&would not if the could) change.
3. I for one am just a plain contrarian. All those like me will forever be on the other side. What ever side that is.
richard