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underestimates mine companies

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    10.03.2008 | 12:30 o'clock underestimates mine companies according to rear manager of Crayton Capital | Rainer cock (EMFIS) RTE Stuttgart - (www.rohstoffe go.de) - gold producer and mine companies is underestimated according to a rear manager of Crayton Capital. In South Africa the resident rear manager Markus brook man assumes the instabilities at the financial markets and the weak US dollar will however positively settle on the evaluations of the boron-noted precious metal producers. The fact that gold at the Spotmarkt is acted with scarcely 1000 USD, might provide for a lift of the share quotations. In an interview with the press agency Reuters pointed out brook man that it will give a foreseeable offer deficit with gold, and that due to the world-wide inflation risks gold is not an alternative which can be neglected to the US dollar in addition, to other currencies. The ETF Street TRACK, the world largest gold ETF listed in New York, leads 647.56 tons of gold in its books. This corresponds to an increase of 35% within the past twelve months. For additional lift regarding the gold price in January and February the current supply bottlenecks in South Africa provided. Brook man assumes the announced sales of the International Monetary Fund at a value of 12.9 million ounces should be absorbed by the market fast. The Craton Capitals precious metal rear administers a fortune at a value of 370 million USD and in 2008 to the current conditions a net yield of 13,1% gained. The fund is invested into numerous precious metal companies, among them mine enterprises from Australia, Canada and the USA.


 
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