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Technology Stocks : Winstar Comm. (WCII)
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To: SteveG who wrote (8421)10/1/1998 11:47:00 PM
From: DavesM  Read Replies (1) of 12468
 
Steve,

I agree, in fact the currency of most of the worlds major gold producers are hurting (Russia, Australia, South Africa, Canada). It seems whenever gold rallys, producers (Companies and Countries) sell large quantities and drive the price down. It is a very tough time for Commodity based economies.

One of the best performing investments this year has been US Treasuries not gold. Before huge sums of money go into gold, it goes into the country with the strongest currency.

Dave
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