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

To: goldsheet who wrote (87936)7/16/2002 4:25:13 PM
From: Probart  Read Replies (1) | Respond to of 116786
 
If bullion were to go up, would the unhedged gold stocks not go up on increased profits alone? Any increase in the pog from here would be jam for most, not?



To: goldsheet who wrote (87936)7/16/2002 5:55:00 PM
From: long-gone  Respond to of 116786
 
Wouldn't some at least(the S.A.) distribute profit in the form of dividends?



To: goldsheet who wrote (87936)7/19/2002 12:38:46 PM
From: Real Man  Read Replies (2) | Respond to of 116786
 
What we are having here is a currency (dollar) crisis. Thus mining stocks based in North America should do well, while South African gold stocks may not do as well. The situation was opposite when the Rand dropped 60% last fall. South African stocks increased 5-fold or 10-fold, while hui and XAU which were mostly composed of North American stocks kept dropping at least until November -January.


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