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


To: d:oug who wrote (2961)12/23/1998 8:16:00 PM
From: Bearcatbob  Respond to of 4066
 
Merry Christmas to you Doug,

I would say oil at $14.00. Oil at $14.00 because many countries will go broke at $10.00. The only country going broke with cheap gold is South Africa which I find interesting. The great democracies of the world fought to get Nelson Mandela in power and then promptly screwed he and his country. Again, I would say it is an example of feel good words not matched by actions that would show some sincerity in place false piety. South Africa is a country that desparately needs a healthy mining industry for employment and stability. What is happening is a shame.

I have come to believe that a weak gold price allows the western countries to pump/print money. If the gold price starts to rise the money machine will be challenged.

We shall see.