Re: GG v. GLD Re: Cramer is pumping Amgen again!!!



Quite true.
However GLD has no Options
The GG Options kicked up today.
Earning rpted this evening of 27cents
so maybe 1.20 for 12months?

That makes this PE pushing 30 and that
is way too high unless you think gold
is going to the moon.

Yes I think I would do GLD over GG were it not
for the Options.

arthur
==

On 15 May 2006 16:35:44 -0700, "sarp" <the_sarp@xxxxxxxxx> wrote:

wouldn't GLD be a better gold play than GG which is a mine?

Mines would be more vulnerable to short term vicissitudes, like a
delay in a mining project.

Whereas the price of gold would be more stable, and more easy to see
when the top has been reached.

-- sarp
.



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