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


To: Crimson Ghost who wrote (63974)2/18/2001 5:46:39 PM
From: Zeev Hed  Respond to of 116790
 
Yes, george, reduction of exploration outlays is often a prelude to reduction in production and increased pricing. I just do not see this as an immediate (six months?) outcome and not a result of financial collapse of the dollar (which I just do not see, yet) But as you know, I am starting to worry about our balance of payments, but that is another story and may take a year or two to come to the fore.

Zeev