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Gold/Mining/Energy : Royal Oak-RYO

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To: Madharry who wrote (657)	1/25/1998 9:50:00 AM
From: George Mousis	Read Replies (1) of 1706

ScotiaMcleod is one of the bigger Canadian Brokerage houses. They are owned by the Bank of Nova Scotia. If they are "panning" gold stocks then they are a probably a buy at this point It will be interesting next week to see if Gold can maiintain its rally or wheater this another dead cat bounce. The only hope for Gold in this environment is if the US dollar comes under attack- a possibility given the ongoing poilitical crisis in the USA. Regards George

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