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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: D.McQ who wrote (407)	10/25/1997 7:19:00 PM
From: Jeffery E. Forrest	Respond to of 4571

All this talk of the Swiss selling their gold is unbelievably premature. The referendum isn't even until 1999. Sales would start approximately year 2000 and from what I'm reading/hearing, it would take DECADES to unwind their position. SO MUCH can and WILL happen in that time span. Gold may suffer short term, but I would bet that it stabilizes and stays in the trading range that it's been in. If anything, this could be a good thing for BCMD. If you are one of those who subscribe to the idea that gold is simply at the bottom of a trading range that it's been in for many years, then BCMD should do even BETTER when gold bounces toward the TOP of that same trading range.