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$13.02 2.98 (29.68%)
11/21/2008 11:55 AM

Lihir Gold Limited (ADR) (LIHR)

CAPS Rating:
***

The Company's, operations consist of a single mine on Lihir Island in Papua New Guinea that produces gold dore as its sole product and the Ballarat gold mining project being developed in Victoria, Australia.

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Recs

1

Avatar camistocks (< 20) Submitted: 2/20/07 12:35 PM : Outperform Start Price: $23.02 LIHR Score: 2.61

Central banks are increasing the money supply like crazy. Don't believe the government statistics, they are manipulated. Inflation is actually at 10%. Inflation = increase of money supply.

To quote Richard Russell: In Australia, the M-3 money supply is running 13% over last year. In the Euro-zone, M-3 is up 9.3%. In Britain, M-4 is up 13%. In Korea, M-3 up 10.3%. In China, M-2 is up a whopping 16%. Russia shows M-2 up 45%. In the US, M-3 has been reconstructed to show that it's up 10.7%.

Buy Gold and gold stocks!

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