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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.76

-6.4%

4:00 PM EST

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To: E. Charters who wrote (74663)	8/8/2001 1:41:47 PM
From: marek_wojna	Read Replies (1) of 116834

<<Find me a mine where we can make money with a pan, (one yard per day) or even a small Knelson and I leave tomorrow.>> My point was there is no need for large scale mining to exist if the price is regulated by CB's. Anything lower than 255 and they stepping in and buying. Over 290 they selling. As long as there is a single ounce in their vaults this market is facing strict price regulation. This is illegal. Should I add that on many occasion the same bank who is selling on the given day is the buyer in the same time? If they ever listen to my advice of digging gold by hands only, they would be able to sell their gold at $6000/oz. and at this price people around the globe would enjoy benefits of globalization as the poor countries would be able to have enough revenue to buy high tech. toys from developed nations. Am I missing something?

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