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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: d:oug who wrote (42652)	10/11/1999 10:53:00 AM
From: Enigma	Read Replies (1) of 116759

Those pro- Barrick aren't necessarily shareholders at all! But such a lot of nonsense is being posted on this topic - including the following by you: "I must say wow what a deal to get. But then as I don't understand any of the mechanics of this stuff I can only use common sense and assume that if only Barrick was able to get this "too good to be true, but is" deals made with those bullion banks, then either only Barrick has competent people employed or they got a "special" deal" Why can't you accept that the Barrick people are competent? They have refined their hedging programme over many years. I'm sure they aren't the only people with this sort of deal - but maybe they are - this doesn't mean there is something dark or evil about it as some seem to infer! Also - I can see that as far as Gata is concerned you are an absolute true believer - in other words your faith overcomes all questions about the excesses of paranoia they keep spilling. Yet you openly admit that you don't understand much of this at all - but accept what Gata says?

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