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Gold/Mining/Energy : JAB International (JABI)

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To: Ryan Weisman who wrote (3288)3/26/1998 7:45:00 PM
From: virginijus poshkus  Read Replies (1) of 4571
 
Ryan, and All, very important to realize that the Euro is coming into play next year. Dollars will no longer be the single reserve currency. Gold and the Euro will give the dollar major competition. My prediction, Gold will start to move up soon, maybe June or July. The dollar will go down against european currencies. Our interest rates will go up because the dollar wil be sold because it is not going to be needed as a reserve currency as much as it has in the past. So, bottom line is, Gold will move upward. probably to $350 per ounce within the next 6 months.

vargas
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