SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: RiskyBiz who wrote (2054)1/1/1998 11:03:00 AM
From: JD  Read Replies (1) | Respond to of 4718
 
Perspectives.

Now that the drums are beating loudly some may be interested in various points of view about gold and other items that could affect ANZ (both +-)

Here's an interesting commentary outlining why there is hope for goldbugs in '98. Fairly long but an interesting read. (follow the 'Premier Edition' link and then select 'The Big Picture'

stockhouse.com

On the other hand keep in mind that Indonesia will continue to present a 'perceived', if not real, risk factor and will likely temper the rate at which ANZ price climbs.

**********************************************************
NEW YORK, Dec. 31-- In conjunction with the lowering of the ratings on the Republic of Indonesia, Standard & Poor's today placed its ratings on Freeport-McMoran Copper & Gold Inc. on CreditWatch with negative implications.

The CreditWatch placement reflects concerns relating to Freeport's exposure to the heightened huge fiscal and political risks of the Republic of Indonesia, as the company's primary asset is a massive
copper and gold mining operation in Indonesia.
***********************************************************