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To: David Graham who wrote (1701)	1/18/1998 10:40:00 PM
From: RADAR )))	Respond to of 2377

Grammy: I agree with your views that gold is a historical hedge against inflation. With the currency crisis that is going on throughout the world, and with the low value of the gold stocks today, I am buying gold stocks in greater proportion to my portfolio. Over the next six months or so, we may see a rapid increase in the price of gold. I am more interested in the purchase of gold or precious metals mining stocks that I am in taking ownership of the metal itself - though I do own some "just in case". RADAR

To: David Graham who wrote (1701)	1/18/1998 11:09:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 2377

Grammy, the silver market has been on a tear of late due to the world economics. Some believe that there is manipulation behind the silver rally. If the silver rally is a true one, then a gold rally is a safe bet. I don't believe that this is a reaction to inflationary pressures but a flight to quality. Natural resources and staple products become more valuable when there is deflation as the demand increases due to the decrease in ability to purchase these items. Sergio