Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

thanks dan..that piece helped explain rgld, which IS hard to understand, and although ive been mentioneding it since last fall, and have traded it well, usually <G> i never quite understood it fully, after your link and the one i posted from Lance Lewis it is much clearer to me what they do, how they do it, etc. Another reason ive "trusted" it, is that Lewis has been "good to me" ive made quite a bit with his forward thinking short tips over the last 2 years. I traded out of 1/3 of new position in rgld yesterday for a nice littel gain, and kept the other 2 trading positions which are just slightly under water overall, that may change today....i also dont see all the political-race risk in S african miners many do, at least not short tern. although the rand situation is a problem.
thanks again