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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (881)	5/27/2000 6:40:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 1612

Global Currency crisis brewing ? Interesting observation by Fleckenstein here: << The big news overnight was that Korea got slammed for about 6 percent, as its currency, the won, got pummeled again. There has been no shortage of smaller currencies that have been pounded lately, all making new lows. There may in fact be a "stealth currency crisis" going on (thank you, Greg Weldon). In no particular order, the South African rand, the Polish zloty, the Ukrainian hyrvna, the Romanian leu, the Philippine, Columbian and Chilean pesos, the Venezuelan bolivar, and the Indian rupee have all hit new lows. So we need to be aware of the possibility of an emerging currency problem. >> A Global currency crisis brewing...another .50bp hike and a potential double digit prime rate only weeks away. 35% Oil & Nat Gas Stocks, 25% cash, 25% Gold/metal stocks and 15% in Tech; but looking for any reason to swap tech for more Gold/Metal Stocks. tic toc... yes; Roebear - I have seen the light ~ (and it's a "yellow" beacon at the end of that tunnel)(VBG)... Long: AEM GOLD HGMCY FCX N PAAS SWC & PD PD an interesting defensive play - has hit at least $60 in each of the last 5 years; which is a 31% return from yesterdays closing price & has a nice dividend to boot.

To: Robert J Mullenbach who wrote (881)	5/28/2000 11:32:00 AM
From: Roebear	Read Replies (1) \| Respond to of 1612

Robert, Do you subscribe to securitytrader.com also? I just looked at their charts. Weekly charts are done, the daily charts tomorrow. Those charts don't look healthy! Glad I'm not in index funds for the last few months or maybe the next couple! That is a bunch of head and shoulder tops, many with broken necklines and targets most would not believe. I am not Big Kahuna bearish, but being in gold stocks right now should be a reason to sleep well. Even the OSX looks like it could break down, with no FA reason for it, just the weight of the other indexes. If next week is nasty for the markets, I would not be surprised to see the PTB (Powers That Be) lean on gold heavily. We could see a capitulation bottom in gold stocks, for which I am saving dry powder. Your cycle guy says late June, my cycle guy late May. We will soon see, Roebear