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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (7414)	8/26/1999 10:12:00 AM
From: Claude Cormier	Respond to of 82270

<< For what it's worth I have also commented that, compared with other classes of shares eg financials, industrials, other mining etc, SAf gold shares (including the "better" ones) are rock bottom. >> Yep I agree... but the risk here is that if goes lower the unhedged SA golds will have problems, which will not be the case with some of the juniors I am talking. << Still, I think it would require a "mass movement" of all the gold shares to get them going >> As a group, I agree. Thanks god there are a few individuals that shine.

To: sea_urchin who wrote (7414)	8/26/1999 10:25:00 PM
From: goldsheet	Read Replies (2) \| Respond to of 82270

> Claude : Actually I agree with you about the XAU having to be re- > rated and have, in fact, expressed such an opinion previously. The XAU has its problems, so I was playing around today trying to create a new index. goldsheet.simplenet.com I started out with market cap, then made adjustments for production and reserves, which gave Australian shares a little boost in weighting, and RSA share's a bigger weighting boost. The result is an index of 24 stocks, 5 Australia/PNG (10%), 9 Canadian (42%), 6 RSA (29%), 4 USA (19%). It gives it worldwide diversification and contain no copper or silver stocks. ABX is still 20%, but that's a lot better than the XAU. I obviously have too much free time and must develop some non-gold related hobbies;