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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.20

-0.4%

Dec 18 4:00 PM EST

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To: Enigma who wrote (52367)	5/5/2000 2:09:00 PM
From: long-gone	Read Replies (1) of 116815

<<But we live in a free enterprise system and mining companies have had to adjust. >> I can't agree with that statement when it seems so obvious some banks & some governments have formed an anti-gold cartel - this makes it FAR from a "free enterprise system"! I still couldn't support the miners doing it also. "Two wrongs never make one right but 3 do". Of ABX, I invest in gold mining for the Upside when at last the manipulation fails, ends, or is killed my a new administration. Were I to invest heavily in one leveraged to the current pricing, I'm only allowed a more limited upside or perhaps a downside - depending on the level & amount of leverage used by that miner. I won't blame ABX for the manipulation or even allow others to say ABX is involved. I'd far rather invest in those fighting against the evil than those figuring a way to survive the manipulation.

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