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Re: [sharechat] GOLD / SILVER


From: "ryanrite" <ryanrite@xtra.co.nz>
Date: Fri, 7 Jun 2002 09:18:16 +1200


Do you have any Aussie stocks that are not hedged in mind?
Gold will go higher because there is no where for the world of money to be
parked at this time of falling stocks
Athol
----- Original Message -----
From: "Steven Tong" <soarer2@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, June 07, 2002 7:06 AM
Subject: [sharechat] GOLD / SILVER


> After this weeks manipulation by the gold cartel to force the price of
gold
> down, could not resist getting back into Aussie gold   / silver stocks
> yesterday.
>
> Change of tack this time, small cap unhedged plays. Think this is were we
> will get the most leverage to the rising gold / silver price.
>
>
> The gold bullion banks  are telling the world via their analysts that gold
> is in a bubble, yet they are building their postitions in gold miners all
> over the world, the latest a small explorer in Norway.
>
> The Dow is capitulating, the total market cap of all gold mining stocks is
> equivalent to 330 points on the Dow. A  small shift in sentiment towards
> Gold and its easy to see what could happen.
>
>
>
>
>
>
>
>
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