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To: re3 who wrote (141468)	4/12/2002 4:52:41 PM
From: Alomex	Respond to of 164684

We almost had a gold bubble, but it seems to be fading away already. Looks like gold will be high for a while longer. Barrick is no longer hedging, and bank's gold reserves are severely depleted. All the while, the US deficit makes holding the US dollar a risky proposition. What do you turn then to? an overvalued Euro? a depressed Yen? Australian or Canadian dollars (puleeze)? The choice left is gold...