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

To: goldsheet who wrote (94845)	5/1/2003 8:53:27 PM
From: Broken_Clock	Respond to of 116814

Agree for the most part. Ashanti nearly went BK over their hedge book. I saw the article on Peru. Meanwhile in Argentina, with 22% unemployment, they are trying to shut down MDG's big mine...and succeeding so far. It has apparently become an issue in the national election. Good discussion and I am sure the markets will work it out. Right now gold has returned to the uptrend line and $252 is past history. SA miners are definitely getting hammered by the Rand and the current govt. That has potential for adverse effects in both directions...