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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: Luc Beaugrand who wrote (1930)	12/23/1997 3:00:00 PM
From: bill718	Read Replies (1) \| Respond to of 4718

Gold up today in the midst of Korean turmoil... South Korea's stock market suffered its biggest one-day drop ever Tuesday on news of dwindling foreign reserves and further downgrading of its currency credit rating. I think people are starting to realize that gold provides an element of stability that is missing from currency. Take the South Korean currency for example, which has lost nearly 60% of its value in the past two months. The way things are going, just imagine going to your local Korean (or Japanese, or ???) bank in a few months and finding out you cannot withdraw your money but instead get a "sorry, but we are bankrupt now". I think that gold is going to take a hefty hike in the near future. Just my opinion. Regards, WW