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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Phil Jones who wrote (27574)12/2/1997 11:07:00 PM
From: Bill Jackson  Read Replies (1) of 28369
 
Phil, as their currencies dropped by 40-50% they saw gold go up by 75-85% in local currency. This chilled their buying and was partly responsible for the gold price drop. As they get stable and come back to near par they will buy again and gold will go up. In 2-3 months??

Bill
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