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Message Boards Settings Fidelity Select Gold - Quote Info
Duhhhh     17-Sep-09 04:49 pm    
Why would Wickwire hold Barrick Gold in the #1 position (10%)knowing that it has hedges against gold and is unable to "unhedge" itself due to derivatives contracts?? Gold is being sold at over $1,000/oz but guess what Barrick gets?? it gets only $356...duhhhh...the DUMBEST move ever!! And now even with re-capitalization and dilution of stock, it can only get rid of 1/2 of its hedges??? haha..

You would think that Wickwire would at least have an MBA degree or some fancy degree instead of a "chartered financial advisor" which means he has just a high school education. Can he read?? Read this Wickwire...

http://news.silverseek.com/SilverSeek/12...

It appears that Fidelity WANTS Fidelity Gold to stink, but regardless, it still wants to tick upwards...hah!!

I demand a new manager!!!!
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Duhhhh
coolone0000... Not rated 17-Sep-09 04:49 pm  
 
I agree with your premise that Barrick sucks, but ...
dbtunr Rate it 17-Sep-09 09:30 pm  
 
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dbtunr Rate it 18-Sep-09 09:01 am  
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Fidelity Select Gold (FSAGX)

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On Dec 31: 42.83 Up 0.29 (0.68%)
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