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Re: basserdan post# 338502

Monday, 12/27/2004 2:07:27 PM

Monday, December 27, 2004 2:07:27 PM

Post# of 704047
You might want to revisit your decision to place the bulk of your in the movements of an ETF when the underlying metric is subject to the whims of the 'riggers
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OK, whether it's rigged or not, the "underlying metric" is the same for both GLD and the miners, is it not? (I assume you're saying the alternative to GLD is mining stocks...)

Historically, the POG has moved dobule the amount the $US has moved, and the HUI has moved double the POG. By that metric, the HUI is just as far behind today as the POG (and GLD) is.

Hard work often pays off over time,
but laziness always pays off right now.

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