Forum Archive Index - June 2002

["ryanrite" <ryanrite@xtra.co.nz>]

I think they do but could be wrong
Athol
----- Original Message -----
From: "John Wedde" <John.Wedde@weltec.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, June 07, 2002 4:16 PM
Subject: Re: [sharechat] GOLD / SILVER


> Hi Nick,
> Do you follow Otter at all?
> I may be mistaken but I think they cleared up most of their hedges at
> the time GPG took an interest in them.
> Smaller gold exploration coys are also unlikely to have any hedges I
> would have thought.
> Any other comments welcomed.
> Cheers,
> John
>
> >>> nickk@quicksilver.net.nz Friday, 7 June 2002 4:04:32 p.m. >>>
>
> Athol
>
> You are certainly right when you say this "Gold will go higher because
> there is no where for the world of money to be parked at this time of
> falling stocks"
>
> When the DOW was going thru the roof Gold was plumetting because the
> DOW
> was the place to go with your money.  With the DOW very shaky, the
> Nikkei
> similarly, and economic situations expected to worsen, Gold will be
> the
> safe haven.
>
> From my limited information, I believe MMN & DIO aren't hedged.
> However,
> don't quote me on it.  Good luck...I like Gold & Silver in the next 12
> months!
>
> NK
>
>   ryanrite writes:
>
> > 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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