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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (35038)6/15/2003 1:33:00 PM
From: LLCF  Respond to of 74559
 
Gold as a currency... surprise surprise... NOT:

mips1.net

<<“We look at gold [bullion] as cash. It’s just a different type of cash,” he explains. However, Birch also insists that gold is not an exact proxy for the dollar because “as gold falls by one percent, gold is likely to rise by 2 percent.”>>

DAK



To: TobagoJack who wrote (35038)6/15/2003 3:40:33 PM
From: energyplay  Respond to of 74559
 
Hi Jay - Russia may be another good macro move candidate since they have resources, lower taxes, and corporate governance is rapidly improving (from zero ;-) )

Looks like we will have to do more research and individual stock picking - which is hard work.

Best Regards, energyplay