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Gold/Mining/Energy : BANDORE -- Ignore unavailable to you. Want to Upgrade?

To: kx who wrote (1240)	6/12/1998 1:05:00 PM
From: geoff s.	Read Replies (1) \| Respond to of 1692

Very Very True Words Thankyou

To: kx who wrote (1240)	6/12/1998 6:58:00 PM
From: Benfica	Read Replies (1) \| Respond to of 1692

I believe the $US dollar is overvalued. I believe the correction in the stock markets around the world will be so bad we will see the 1930's all over again. If the economies of the world are doing so well why are commodity prices so low. (Copper, zinc, etc) We have seen how the bubble can burst in Asia. Paper profits are not real. What makes anybody think this will not happen to the $US. I think the only think that might be stable by year 2000 will the Euro dollar. Gold is in trouble because of the world bank wants it that way. The American's run the world bank. The American's are afraid people will dump the $US for gold. They are right! The governments around the world are dumping gold to pertect their currency. What is in today will be out of fashion tomorrow? Any invester should at least own some share of a gold company. Bandore has its problems, but the whole sector is having problems. Why do you think the banking stocks will come back. Don't you think it is overpriced. Are they coming to double in value? Come on this will not happen. Interest rates are going up soon and the bank stocks will go down. I can't see the future, but in history the people who made fortunes were people who did not follow the crowd. Look at Bre X. People listen to Greenspan for everything he says or doesn't say. He is only one man. He has made more damage for commodies then anybody in the world. I will wait and see. Two years from now I hope people do not say I told you gold will go up. Every Tom, Dick and Harry will say they knew this was coming. You have good advice, but I am sticking to my gut feeling.