Gold and Silver Stocks and Related Commentary Message Board

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Politics : Gold and Silver Stocks and Related Commentary

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To: loantech who wrote (1325)	12/22/2004 12:03:28 PM
From: goldsheet	Read Replies (2) of 18308

Two random thoughts Weak dollar, good for gold, bad for rand, making RSA stocks perform terrible. Noticed HMY and DROOY are close to making new 52 week lows. finance.yahoo.com After adding NYSE stocks to my table, even I was suprised at all the gold reserves and resources. "gloom amd doom" says gold is a scarce depleting assets that will be gone in no time (like oil ran out in the 1970s, or did it ? - higher prices help find lots more of it) Just the AMEX/NYSE listed stocks have 750moz in reserves and another 880moz in resources. (I have some gold equivalent silver ounces in there but not too much) Most miner have reserves calculated at $375 or $400, so there are more in reserves at current prices. goldsheetlinks.com

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