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To: LLCF who wrote (143565)1/14/2002 10:21:34 AM
From: LLCF  Respond to of 436258
 
JoBerg goes apeshit!

DAK



To: LLCF who wrote (143565)1/14/2002 10:42:47 AM
From: Horgad  Read Replies (2) | Respond to of 436258
 
If you own SA miners are you long the dollar or short the rand?

So now rand is going down against dollars and gold and SA miners go up. What happens next? Rand goes up against dollars and gold and SA miners go down? Or rand and dollar ratio stays the same while dollar goes down against gold and SA miners go up? Or?

Thinking about this currency sh*t gives me a headache, but I do believe all fiat will eventually weaken against gold... If I understood the whole interaction of currencies better (including gold), it could probably make an extra buck or two rotating funds into different miners based on their countries and the current exchange rates.

Anybody care to explain how the current currency exchange rates effect gold miners and guess at where we are headed from here?



To: LLCF who wrote (143565)1/14/2002 11:30:58 AM
From: Earlie  Read Replies (2) | Respond to of 436258
 
Dak:

Good comments.
I'm joining you in that, and for the same reason.

Best, Earlie



To: LLCF who wrote (143565)1/14/2002 4:07:00 PM
From: NOW  Respond to of 436258
 
Who wants to be long the dollar? Everyone apparently....