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

To: Bobby Yellin who wrote (5587)	4/26/1999 8:43:00 AM
From: Enigma	Read Replies (2) \| Respond to of 81092

Wasn't talking about Rose!! Yes - gold has done well for those countries with currency deflation - not only S. Korea, etc., but also Canada, Australia, South Africa, and no doubt Russia - that is why we have not seen the contraction in supply that one might expect - and that is why underground mining is going through a resurgence in Canada, with Red Lake, Kirkland Lake to the fore. But I'd focus on the currency aspect - eg gold is looking pretty good if you hold Euros and I don't see deflation in Europe, Australia, South Africa, Canada - and only inflation in Russia.