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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (1781)10/23/1998 8:24:00 PM
From: sea_urchin  Read Replies (1) | Respond to of 81071
 
Sam : If they cut rates by 0.5 - 1% it should tickle the gorilla's behind.

That 600lb gorilla enables the money printers to print without attracting the attention of the wise-guys who would start shouting about inflation if the POG went above $300.

Meanwhile, as I mentioned to Hutch, the apparent bottoming and upturn in the CRB must be a signal for the gorilla to move off pretty soon. He can't keep sitting on all the commodities and the precious metals while the dollar is devaluing, interest rates are falling and the foreign currencies are rising.



To: Sam who wrote (1781)10/23/1998 8:41:00 PM
From: Ronald W.Millar  Read Replies (2) | Respond to of 81071
 
Sam:

Bruce Embry is a very..very sharp manager. I have a little invested in the Royal Precious Metals mutual fund which Bruce manages...and this Mutual fund was the top producer for a couple of years in Canada till Gold imploded.

I am including the "portfolio" of Royal Mutual funds...

SILVER CERTIFICATES
19.70%
GOLD BULLION
8.10%
GOLDCORP INC.
3.00%
PRIME RESOURCES GROUP INC.
3.00%
EURO-NEVADA MINING CORP. LTD.
2.80%
GEOMAQUE EXPLORATIONS LTD.
2.60%
GETCHELL GOLD CORP.
2.40%
NEWMONT MINING CORP.
2.40%
FRANCO NEVADA MINING CORP. LTD.
2.30%
VENGOLD INC.
2.00%



As a footnote...Bruce discovered Bre-X well before all the rest of the world was seduced into the company...and his clients profited enormously.

Regards:

Ron