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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Stockbull who wrote (1785)4/9/1998 10:36:00 PM
From: zenin  Respond to of 34075
 
<<Australia has also sold 2/3 of their gold reserves.>>

And since our currency has been very unstable and eratic in it's value throughout the global currency markets.

We've been struggling for a long time [over a decade and more] and the last few years have been extremely less than average for our $.

Jay



To: Stockbull who wrote (1785)4/10/1998 8:26:00 PM
From: jackie  Respond to of 34075
 
Dave,

You are absolutely correct. Timing the buying of gold and gold shares is a no brainer. Wait until the EU countries are done selling their gold. Gold has held up very well considering the massive, sales measured by the ton, effort to dump gold.

Common currency makes no sense to me at all. I cannot imagine what possible advantage the Germans will have in giving up their mark and taking on the debt loads of France and Italy. It is interesting to see this was never placed before the German people in an election, where over 60% of the people there oppose the whole thing.

But that's another subject. When the selling pressure is gone, buy gold.

Regards,

Jack Simmons