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Gold/Mining/Energy : TD - Toronto Dominion Bank
TD 82.13+0.3%Oct 31 9:30 AM EST
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To: Robert who wrote (319)8/19/1999 7:05:00 PM
From: Steve  Read Replies (1) of 358
 
Inflation fear, ok Inflation Fear people are so frightened, even such strong quarter as TD banks could not lift its price. Canadian Banks are the most cheapest in the world and their P/E ratio are only half as the TSE 300. People put their money on the resources stocks because IF INTEREST RATE GOES UP AND UP, NOBODY WILL BORROW THE MONEY FROM THE BANKS AND THE BANKS WILL ALL GO OUT OF BUSINESS. BUT PEOPLE WILL KEEP BUYING OIL, PAPER AND BASE METAL TO KEEP THE RESOURCE STOCKS RALLY WHAT THE F... IS GOING ON !!!!!!
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