Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (55821)	7/6/2000 10:17:36 PM
From: Enigma	Read Replies (3) of 116796

Nearly all gold industry executives - certainly in the larger companies know what's happening. Some hedge some don't. There are arguments either way. You've come to this thread fairly recently - this thing continues to be trashed about ad infinitum. Go back a year and we have the same sort of postings but some of the players change. One can wish for this or that - but unless production is in the hands of a few companies concerted action is not possible given the competitive nature of mining. And even if it were possible for miners to act as a cartel - as nota bene insists so stridently - governments would step in and act against them. The oil cartel is possible because of a set of entirely different circumstances.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next