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Gold/Mining/Energy : Best buys in current market

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To: Juraj (Yuri) Krajci who wrote (93)4/13/1997 2:04:00 PM
From: Bucky Katt   of 210
 
Juraj-- It's a pleasure to get a post from someone who understands the big picture.
You are correct on the reduced supply, as most miners will now have trouble raising capital, and of course, public confidence has been badly shaken. Most miners are barely at break even at 350 gold.
Already, many mines are being moth-balled, expansion plans are being cut, etc. etc.
This, then, creates buying opps not seen for many years.
Because of the impending debt bomb explosion, gold looks like the future place to be.

WJ
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