CELTIC MINERAL RSCS (CA:CME) Message Board

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Gold/Mining/Energy : CELTIC MINERAL RSCS (CA:CME)

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To: De Nardis who wrote (89)	3/22/1997 8:56:00 AM
From: Stan Kozak	of 161

That american interest rate thing will have little effect on exploration stocks, theses stocks have values based on their expanding mineral inventories and potential. IMHO the americans go through the same "interest rate shaker" every year, they focus in on greenspan and forget what is happening around them. In the end the little guy sells the big funds buy and things get back to normal. Look around you my friend, how many of your friends are still unemployed or underemployed or given up looking for work. Inflation??? the big guys will need a better story than that next year because it is getting harder to believe. Ask your self this, how much of interest rate increase would it take for you to move your money from equities to G.I.C.'s???

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