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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (488)11/1/2003 10:46:57 PM
From: Bearcatbob  Read Replies (1) | Respond to of 29622
 
Andrew, GG has been wonderful for my portfolio. The key for GG is the ability to find some other miracle to continue the story. Red Lake two seems as good a way as any to spend the money.



To: Andrew who wrote (488)11/1/2003 11:17:10 PM
From: Wade  Read Replies (1) | Respond to of 29622
 
Andew,

Rising POG is mainly because of the weakness of US dollar and poor future outlook of US economy. Canadian Dollar appreciated almost 20% vs. US Dollar which should impact the earning power of Canadian gold miners as well. What is your view of Canadian Dollar in the next several years? This is going to be an important factor for me to balance my gold mining stocks exposures to various currencies and political factors.

And, what are other investment opportunities will benefit from weak dollar besides mining and oil companies in Canada? I own some Canadian bonds. Thanks.

Sincerely,
Wade