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To: Pogeu Mahone who wrote (261429)	9/23/2003 8:40:19 AM
From: orkrious	Respond to of 436258

08:22 ET Flexible Asian currency regimes positive for metals - Goldman Sachs Goldman Sachs says that a trend of rising Asian currencies agains the US$ and a potential shift of China's currency peg should enhance metals fundamentals due to the following factors: 1) firm considers the currency realignment in Asia a positive development for the world economy, which could further help boost US and global financial conditions; 2) a stronger Chinese currency may accelate closure of inefficient aluminum and copper smelters; and 3) a broader dollar decline could further enhance investment and jewelry demand trends. Top picks are AA, NEM, and PD.