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Politics : Gold and Silver Stocks and Related Commentary
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To: dara who wrote (4543)1/28/2005 8:19:41 PM
From: goldsheet  Read Replies (1) of 18308
 
> Wow, HMY is almost down to its low of 2001 before the gold bull started.

If you look at gold in rand, which one should for RSA stocks,
the gold bull was in 2000/2001, when it about doubled.
It topped out near 3500R in early 2002, and has been in a
decline since, currently near 2500R.

fx.sauder.ubc.ca*&fd=1&fm=1&fy=1996&ld=31&lm=12&ly=2005&y=daily&q=volume&f=png&a=lin&m=0&x=

Being bearish on the dollar in order to get gold up sounds great,
unless you are a miner paying expenses in strong rand, $A, $C, etc...
The RSA stocks with most RSA exposure (DROOY/HMY) have been killed,
while more diversified ones (GFI/AU) are doing OK.
finance.yahoo.com
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