Take Barrick Gold sym: ABX. They will employ hedging strategies. Also, like any company they are subject to costs for labor, machinery, etc.
abx is very interesting. i don’t buy directly but via mutual f ..... so far
abx is very sexy.... old man bush has been involved with them ... they are connected players ... IMHO
fun= gdx (gold mine ETF)
gld= ETF that just buys bullion
google it and follow in MSN money and set up a quote list
Get an MSN mail account instead of hot mail account
https://accountservices.passport.net/reg.srf?ns=msn.com&sl=1&lc=1033