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Gold/Mining/Energy : Northgate NGX on NYSE
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To: George Burdell who wrote (10)2/23/1997 6:18:00 PM
From: DGENTIL   of 89
 
Maybe McKenzie is going to take over the company, and go into the
gold mining business. Not such a bad idea with the recent, renewed
interest in precious metals. The last time there was a real run on
precious metals, there was also runaway inflation. High interest rates
were also present. Most "experts" claim that the high interest rates
are bad for gold and silver. However, gold was near its highest
when the interest rates were at their highest. As Paul Harvey would
say, "Maybe we didn't hear the rest of the story."
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