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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (26729)1/27/2003 5:15:31 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 36161
 
Viz a viz our conversation this morning:

boston.com

I asked several professional investors who are also gold fans to estimate the temporary effect of war jitters on current prices and got mostly consistent answers.

''The war premium is maybe $15 to $20,'' says Boston hedge fund manager Paul Stuka of Osiris Investment Partners. ''At some point, will that come out? Absolutely.''

The biggest number I heard was $30 per ounce. No matter, it's clear gold prices will take a significant fall whenever Iraq ceases to be the worry it is today.