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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

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To: Michael Markham who wrote (266)11/12/2000 8:17:21 PM
From: tyc:>   of 350
 
<<>I may be in some sort of denial but someone is keeping the price down, smells like some sort of plot to me.

There was an article about currencies on Page 1 of the Globe and Mail this weekend, showing how they had all fallen this year against the US$

JY down 5.3%
$C down 6.3%
Sterling down 12.8%
Euro down 16.1%
A$ down 21%

To this list we might add the price of Gold. It was $280 at the start of January and is $265 now.... down 5.6%.

For most of the world gold is showing itself to be still a safe haven; perhaps a safer haven now than the high flying US$.

Keep the faith ! There is no conspiracy. I see no reason to doubt that as and when other currencies recover against the US dollar gold will do so too !
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