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GFI is not so much south african anymore. Actually, due to the probs in SA and the stock's dive in response to them, you get the south africa operations of gfo for free(!) at these prices - paying just moderately-fair for their gold mining portfolio in other parts of the world. GFI is a doubler from here, even if gold were to fall to 840$/oz. On the other hand, auto makers are terrinle longterm investments. i won't touch them- too easy to screw up for any of them...
Jul 21 04:30 am
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All Comments by fxtrader07 »Out Goes Gold Fields, In Comes Tata [View article]