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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: Richard Mazzarella who wrote (10144)4/18/1998 2:02:00 PM
From: Lucretius  Read Replies (1) of 116785
 
Thanks! too bad I'm not a s-t trader. i could take advantage of the likely pop on Mon. :(

Regarding the post on possible social unrest in SA upon Mandella's death: Yea, I considered that in my decision to buy ASA as my gold play, but I think such possible problems are priced in the SA mkt. IF there was to be trouble, the SA mkt would decline most certainly. However, any decline based solely on his death would be short lived IMO because everyone knows he's going to die sooner or later (probably sooner knowing his age). We could actually see a very sharp rise if upon his death, things do not fall into disarray and a moderate successor does indeed step forward.

-Lucretius
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