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Strategies & Market Trends : Natural Resource Stocks

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To: Ruffian who wrote (4289)	12/4/2003 1:51:20 PM
From: Jim Willie CB	Read Replies (3) of 108614

The Invisible Ace In the Gold Camp Courtesy of the Unknowing Central Bankers by Sol Palha [ME: THE SOUTH AFRICAN RAND CURRENCY IS RISING... SEVERAL S.A. GOLD MINES MIGHT RISK CLOSURE AS A RESULT... THERE IS NO END TO THE DISRUPTION, DISTORTION, AND IMBALANCE TO THE ENTIRE WORLD ECONOMY THAN FROM FLOATING CURRENCIES... HINDERING S.A. GOLD SUPPLY COULD EASILY BECOME THE GREATEST IRONY TOSSING DOGSHIT IN CENTRAL BANK FACES YET] gold-eagle.com excerpt: If the mines start to close down then supplies will be severely constrained, and it takes about 1-2 years to bring mines back online after they have been shut down. If nothing is done to bolster the Dollar soon, then the Rand will carry on appreciating, mines will be shut down and Gold will go to the moon a lot sooner than even the Gold bugs think and the Feds will understand the true meaning of the phrase "roasting in Hell". / jim

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