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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (23810)	10/21/1997 3:11:00 PM
From: Thomas M.	Read Replies (1) of 132070

Mike, Mario Gabelli brought up an intriguing investment situation today on CNBC. He said that many of the gold miners have so many forward sales hedged, that one could buy the company, unwind the contracts, and own the company for virtually nothing. Any thoughts? If you want to get together on this, I can pitch in a grand or two. -g- He also said that he liked Japan's shift from loose monetary & tight fiscal policy to the opposite. Any thoughts? Tom

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