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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (744)	7/27/2003 1:47:08 AM
From: Wade	Read Replies (1) \| Respond to of 48092

I guess I'll have to talk to myself. The chart below showed that the value of Rand vs. Dollar has declined significantly in the last 15 years: finance.yahoo.com I can assume that the workers are losing their living standards during these years. Why shouldn't they strike, especially when POG is rising? Wade

To: Wade who wrote (744)	7/28/2003 3:39:10 PM
From: Yogizuna	Read Replies (1) \| Respond to of 48092

The hourly XAU was overbought early this morning, and the daily XAU chart is now moderately overbought to overbought, so we should be expecting some type of normal pullback relatively soon in my opinion... AU and RGLD went to overbought signals after Friday's close, and the ASA chart gave out a "possible top" signal... NEM is also overbought, and PDG moderately overbought at this point.

To: Wade who wrote (744)	10/6/2003 12:32:24 AM
From: LAWRENCE C.	Read Replies (1) \| Respond to of 48092

1. Yes, from Friday's close. I believe NEM has strong support. (See Stock Consultant web site for objective short term view.) 2. The rand going up affects ASA's South African holdings. You can get a snapshot of their holds from their web site. So the percentage of ASA's holdings that are in South Africa is a factor. 3. I believe some investors factor in the possibility of labor strikes as one of the risk factors. The risk is less by owning a fund which is diversififed as to geographical location. This is also why DROOY wants to diversify out of South Africa. When labor strikes occur, it could slow ASA's rise depending on how well the market factored this risk in. 4. Over 99% probability that it will. With US government debt increasing, the trade deficit balance worsening, and the US government printing an increasing amount of money pressure on the dollar is likely to contineu. If you were our trading partners would you want dollars or gold? If I were the Chinese government I would want gold.