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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: William JH who wrote (1247)6/24/1998 7:31:00 PM
From: Ray Hughes  Read Replies (1) | Respond to of 1911
 
WJH,

BC Real Estate has been one of many well-performing hedges against rotting Asian currencies. Important thing is that we do not see local Asian owned gold shops (Hastings Street and Robson Street in Vancouver, doing any business. No advertising of gold. Banks not advertising coins. Granville Street Asian jewelry stores doing little business. Real Estate brokers doing big business. Where is Asian flight capital going - Real Estate, Yahoo, Mercs & Beemers (bragging rights back in HK).

Learned as an analyst to always ask the locals what was really happening.

RH