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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: goldsheet who wrote (51796)4/21/2000 6:16:00 PM
From: Ken Benes  Read Replies (3) of 116763
 
Here is an even better idea. How about if the miners close down any operations that are not profitable, and better yet, what if they defer introducing new production. If the oil producers can limit production why is it that gold producers cannot do the same as does any other producer of commodities. Okay, so the oil producers are an illegal cartel. Lets use farmers. When corn is grown at a loss, the farmers remove acreage from planting. This is not a novel approach, the only ones that do not get it are the gold producers, who will blame anyone but themselves for their plight. The biggest laugh, so they can continue to dig holes they are planning to sell gold over the net. I got a perfect name for their site, amazon.smucks.

Ken
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