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To: Bobby Yellin who wrote (4323)12/16/1997 8:25:00 AM
From: Richard Humphrey  Read Replies (1) | Respond to of 116753
 
Can anyone tell me how a major producer goes about buying/calling it's hedging program to make a tidy profit. I heard Kinross Gold just bought back future loans and made 22.5 million doing it.
I understand this is one of the leading indicators that AU has bottomed and is about to GAP UP!
Any comments and inof would really help. Always learnig!!!! Rick.



To: Bobby Yellin who wrote (4323)12/16/1997 9:42:00 AM
From: Richnorth  Respond to of 116753
 
Well, time will tell.

To my 'chessy' mind, however, a good number of politicians and businessmen tend to be manipulative/dishonest when opportunity strikes!

Don't forget that Nixon was impeached, but he was lucky enough to be 'pardoned' by Ford. If I am not mistaken, the economy under Nixon was bad and lots of folks were hurting badly. The economy under Reagan was good and he was hailed everywhere as a great guy. On the World Outlook thread someone wrote that Clinton combines the charm of Reagan with the crookedness of Nixon but that he would not be get off scot-free.

And now, just for the general information and interest of all:-

infobeat.com.



To: Bobby Yellin who wrote (4323)12/16/1997 5:22:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116753
 
".even if Clinton
was a rival to Pope Giovanni..he still would have been voted out.."

Bobby, the fact that Clinton was lucky to preside over expansion cycle, and therefore stay in office is not an argument for or against him. When economy start to go down, that would also be not an inditement of his policies. He is insignificant factor in economy, and insignificant (albeit scanda lous) President in history.
As for Reagan, the man that presided over collapse of communism, (money well spent in eyes of millions) has firmly earned his place, the deficit would have been much larger if cold (hot?) war continued..
Agreed on Rubin..He deserves better