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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.67-2.7%4:00 PM EST

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To: long-gone who wrote (68964)5/9/2001 6:47:15 PM
From: Eclectus  Read Replies (2) of 116756
 
Long:

I just had a weird conversation with my account executive a Blanchard. This account executive indicated that representatives of the World Gold Council spent time at Blanchard to enlist them in an advertising campaign to support gold. Now here comes the weird part; they offered Blanchard $2 million dollars however, Blanchard turned them down believing that rare gold coins are a better investment. They feel they would potentially deceive their clients if they were to actively promote gold. Blanchard believes Central Bank selling of gold and short selling of major gold Companies like Barrick will continue to keep the price of gold down. I could not believe my ears. I still don't.

Eclectus

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