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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (14097)9/25/1998 4:52:00 PM
From: Peter V  Respond to of 18691
 
Indonesian gold? I suppose the devaluation of the rupiah made the cost of production lower, except to the extent they have to buy equipment and supplies from outside Indonesia. The price they receive for the silver and gold should be standard, so the currency price should not effect it that much, unless they hold lots of rupiah in the vault instead of that gold!

The government appears to be a bit more stable, but still a bit risky. Thanks for the info.


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