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Gold/Mining/Energy : Queenstake Resources (QTR.T)

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To: wayne cath who wrote (2227)5/2/2000 1:22:00 PM
From: Brian Guyon  Read Replies (1) of 2249
 
Hi Wayne

I am a QRL shareholder and have no expectations of this
company or any other mineral co.
Gold has NO value at $300.00/oz.
There is no profit for most companies and even if Gold
doubles, it has little chance of profit long-term as gold
is not abundant like oil which has had in the last year
seen a 300% rise.
Money is now paper and ink.
The USA market has a silver coin for 8 times the price of silver. This is the real inflation figure meaning the World
economy must suffer 8 times deflation to balance paper
money.
Sorry for the bad news.
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