Int'l Pursuit (T.IPJ) Message Board

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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (476)	1/21/1998 9:24:00 PM
From: Warren	Read Replies (1) of 835

Indonesia Rupiah was hit hard today. Gold has always been seen as a traditional safehaven against currency depreciations. Every time the rupiah goes down in value, the gold in the ground of the world's 4th most populous nation relatively increases. Considering how the Rupiah has depreciated more than any other currency on Earth in the last few days, the relative value of gold in the ground in Indonesia has skyrocketed. The DRagOn is lusting Gold once again. HaQor

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