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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Lizzie Tudor who wrote (144062)	7/22/2002 10:41:55 PM
From: Victor Lazlo	Read Replies (1) of 164684

Lizzie, as long as the dollar keeps falling against the euro and the yen, gold will be a safe bet. The dollar could keep falling through next summer or longer. It'll be an even safer bet depending on how many more corp acctg meltdowns and debt monsters there are lurking out there. I wouldn't buy the actual bullion, that's a bit draconian to me, but if it goes down to the low or mid teens i'll probably buy back into several miners. Even then it would not be more than 20% of my investment $$. You are right; i have changed my mind on gold and silver for the short term. I've done some reading on the current state of things, and i've come to believe that some of the mining co stocks can play a sensible hedging role.

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