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To: JohnG who wrote (112078)	2/3/2002 3:10:03 PM
From: JohnG	Read Replies (1) \| Respond to of 152472

MM Did you see the recent polt of Nikkei VS Dow in most recent IBD. I can see why older moderately well off Japanese are in total anguish if you combine this with zero interest rates and moves to reduce deposit insurance.

To: JohnG who wrote (112078)	2/3/2002 11:49:44 PM
From: Jordan Levitt	Respond to of 152472

<<How would one best invest in gold in as much as the producers are said to have forward sales contracts which have unknown potential for causing them to miss out on a sudden run up in gold price.>> Some hedge some don't. Franco-Nevada, for one, has been taken a vocal anti-hedging stance for a long time now.