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

To: Mark Bartlett who wrote (17956)	9/7/1998 10:58:00 AM
From: The Street	Read Replies (1) \| Respond to of 116795

<<While your comment that gold has been in an 18 year down trend has some truth, you seem to be suggesting that since that is the case, nobody has made any money in that period by buying gold - which is not true - lots of people have made money in the ups and downs - which have been significant in some case. Remember on average for every 1% increase in the price of gold there is about a 3% increase in the price of the underlying stock, so it does not take much of an increase in the price of gold to have a significant increase in the price of the stocks.<< No doubt. I made a lot off the shotgun approach of buying Explorers. Up until Bre-X that was a great market to be in. But it has been a fools market since. Mr. Mom seems to miss the idea of investing in Gold Stocks rather than physical gold. He obviously does not know the Gold Stock market and is only looking a physical gold chart. Too bad he has made himself a pest here with just posting his opinions instead of discussing facts. Off to the beach......