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


To: long-gone who wrote (28206)2/13/1999 11:00:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
But the question is whether YOU ARE MAKING ANY MONEY HOLDING YOUR GOLD. (I do assume you have held gold for some time by the fervor in your postings)

And these mining companies are making money after years of efficiency improvements and exploitation of readily available resource bases.

What Ole '49r is doing is her own business, whether it be finding gold in antiques, panning it, or selling books for $30 a copy telling others how to do the same.

But those who converted their cash and other assets into gold back in the '80's have seen their assets depreciated greatly while the opportunity cost of not participating in the stock market makes their loss even greater.

Gold is like a stock. I'll buy it when I'm convinced it is ready to appreciate. I'll sell it when I see it losing value. (all relative to other investments, of course).

Regards,

Ron