Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Step1 who wrote (29212)	10/18/2000 12:52:14 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

hi Stephan...the recent drop in FN seems very excessive...there are no news to account for it. but then the entire sector keeps dropping with the PoG relatively stable(and rallying in all non-USD currencies save the Yen). it is surprising how bad sentiment has gotten. now in Australian dollars gold is rallying sharply...new five year high today. which btw. proves that gold remains an excellent hedge against a floundering currency. and Australia's producers...well: Newcrest alone has sold forward 812 tons (26m. oz) or 83% of its reserves...Sons of Gwalia has actually sold forward more than its entire reserve. altogether Australian producers are short over 2000 tons...some will join ASL sooner or later. and thanks, doing well..hope you do too... good night!