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To: russwinter who wrote (65173)3/8/2001 7:43:00 PM
From: Canuck Dave  Respond to of 116753
 
Amen, Brother. This could be the match that lights the fuse under precious metals.

I got caught out of all my favourite gold stocks when the move started, but I'm in on the ground floor in a bunch of silver ones. The scary thing is that the Japanese debt crisis could also precipitate a dollar crisis.

After all these years, the domino theory is finally proved correct.

CD



To: russwinter who wrote (65173)3/8/2001 9:05:47 PM
From: BGraham  Read Replies (1) | Respond to of 116753
 
Russ : Here's something to make you cringe! Knowing how much you love ABX , I chopped it from a post on Stockhouse BArrick forum just for you -------

Barrick Gold Corp. [T.ABX]
Barrick Gold is the largest gold company in the world by
market capitalization. It has long-life, low-cost mines, the
strongest balance sheet of the group and is renowned for its
comprehensive hedging program. The program allows the
company to show a realized price per ounce of gold above the
spot price. Barrick also has diverse production, with more than one project in development at any one time. Barrick trades at 18 times trailing earnings and nine times trailing cash flow --not the lowest levels in the group, but sustainable levels for thepremier stock. If golds do well, Barrick will be the first stock to run.



To: russwinter who wrote (65173)3/8/2001 9:39:31 PM
From: marynell  Respond to of 116753
 
Yes indeed. A Japanese "delay of payment" on its bonds would be financial Armageddon. . . Marynell (Jim Boyd)