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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (51044)	4/3/2000 12:26:00 AM
From: goldsheet	Read Replies (2) \| Respond to of 116759

> This means the lowest price Krugerrands would trade at would be the underlying gold price Coin/bullion dealers dislike the K-rand and only pay $5-10 under melt for them. They have come a long way from the #1 gold bullion coin to where they are today. US sanctions killed the K-rand.

To: Alex who wrote (51044)	4/3/2000 9:14:00 AM
From: LLCF	Read Replies (1) \| Respond to of 116759

<Richard Scott-Ram, chief portfolio strategist at the World Gold Council, said gold was the most negatively related asset class to stocks. "Gold is so low compared to how high stocks are that there is a huge case to be made that you are buying portfolio insurance by buying gold." > We have had test's of this during financial turmoils... most recently in the fall '98 'tech wreck' gold stocks went bananas. That was proof enough for me that gold stocks have negative B's and will fly during stock market crashes. DAK