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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (1936)1/15/2000 10:00:00 AM
From: jack BROSS  Read Replies (1) of 3558
 
to NIC ......600 us , thanks for the information
playing or investing gold could be the same for a lot of investors . to be in gold now is risky. since 3 years we had 3 terrible ennemy ----stong us dollar,the new euro, the gold leasing
and the astonished HIGH TECK AGAINST THE BREX DIDN'T HELPED
WE NEED BIG INFLATION TO RESART THE DEMAND otherwise gold willstay
at 300.us except some sporadic peak of 50.us

i see another thing it is like stopping printing money.if bank
stopped leasing gold ,a big crisis would happen.
and i agree that BARRICK and heavy hedged gold majors would be in
dangers.
i haven't invent anything so BANKERS continue to dilute the
demand.
this is only an opinion jack bross
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