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To: Perspective who wrote (216477)	1/24/2003 2:53:50 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

costs in rand and they sell gold in USD -- it's had an effect to be sure -- question is: where from here. Will the Rand continue to strengthen vs USD -- not sure about that ... one thing is for sure -- they are still quite profitable even at these levels of exchange rates -- longer term -- I think -- the POG will outstrip changes in exchange rates ... And what about RANGY in this calculus??