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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: Alex who wrote (55225)	6/27/2000 9:50:00 AM
From: Ken Benes	Read Replies (2) of 116753

It seems that the producers recognize there is an excess of supply and they are attempting to adjust the markets to create additional demand. It seems a lot of effort for a program destined to have little or no impact on gold prices. They would be much better to examine the supply side of the equation, unfortunately that is too simple of a task for a group of managers that have a lot of trouble deciding anything other than the size of the shovels they need. Pathetic. Ken

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