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Gold/Mining/Energy : Precious and Base Metal Investing

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To: seventh_son who wrote (32544)11/20/2004 12:32:29 PM
From: tyc:>  Read Replies (1) of 39344
 
In response to your suggestion that foreign investors should fly the coop, here's a quote from a good source. (If anyone can see why it is irrelevant here I sure would appreciate their pointing it out ).

"....... currency fluctuations are not a problem. We learned this in ARGENTINA. We were investing in ARGENTINA in late 1987 and early 1988, and of course a lot of people said "Aren't you worried about the currency?". We said no, because by buying assets we're protecting ourselves - just like the local investors are protecting themselves. (Mobius)
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