Bema(Bgo) and Arizona Star Message Board

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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: Ron Pitts who wrote (8050)	10/27/1997 3:17:00 PM
From: virginijus poshkus	Read Replies (1) of 10482

Ron, the xau's were getting killed today. your guess is as good as mine. in the case of a falling knife it depends on how quick you are able to grab hold of the handle rather than the blade. another day or two and we could see a turn around. at this point we have a scenario not envisioned by the smart aleks here and abroad, a global meltdown might be in the offing. many companies will be going bankrupt because of the duplicity of facilities. the last resort would be a resorting to gold as one currency is devalued against its neighbor. gold should get a push, i hope, up the hill not over it. vargas

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