Lihir to me seems like a good gold hedge against teh US ecomony and teh US dollar. Australian gold producers will suffer rom teh rising AUD and buying US godl stocks exposes you to a falling USD.
Lihir gives "neutral" exposure to gold and i am using it as a hedge against US deficit.
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Lihir to me seems like a good gold hedge against teh US ecomony...
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Mark Waller, MD
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