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


To: Ciao who wrote (164)2/3/1999 11:14:00 PM
From: Jeff Konrad  Respond to of 165
 
I imagine, looking at mining deals and waiting for the price of gold to increase. They have cash, good management, I think. I think its a good buy at 14 but the golds aren't going to move until later in the year. Maybe a little y2k panic, maybe a Euro run to coincide. Never trust a central bank (except the Bundesbank which is no more?)or, in this case, a new central bank run by a Frenchman. Inflation is seared into their bones at birth. I think they learned to rely on inflation as an insturment of government policy a lot after the revolution. Pre English conquest Quebec is a good example of this also. Inflation is a crime perpetrated by government on an ignorant population.

Sorry, I digress