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Gold/Mining/Energy : MONETA PORCUPINE ME.t

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To: denis J who wrote (334)11/30/1997 10:39:00 PM
From: D LEE  Read Replies (1) of 440
 
The terrain can kick the tires for us.

Pardon these statements, redundant as they
are, to me they represent the litter, potholes,
and blown out bridges on most any mining companies
road today. (have you ever driven a hummer?)

The intent for the price of gold has already been
pretty much struck. Its lingering there depends
upon how blissfully the masses continue
to view their investments which hedge the various
manufacturing and service sectors we all benefit
from and pay for. For now, gold has been put
on the dark side.

and thank you, powers that be, for
the interest rate you rave about as fine,
"if I want to buy or sell a house for the highest
possible price".
Doesn't this really imply that money is rather
easy/cheap at the time?
I happen to "own" a home in the truer sense of the word,
however, anyone paying 18+% on their credit cards
deserves the right to say "inflation".

and somewhere a few years back I remember something
wonderful called the consumers price index (CPI).
you sidelined that by wasting technological advancement
into your now used gross product index? (GPI).
the figures don't lie, but the liars figure.

and not that I make too many friends, but I do notice those
I have spending their retirement money, as you can work
all you want, but you won't get too far.

The summation of little white lies is getting harder
to support as Clinton sashays off with aid for the
pacific rim. Where will he get the money?
but could it be more affordable since the October
gold bashing fiasco funneled money into bonds?
and at whose expense?

Before the common investor untangles this
lots of mining activity will be deferred, as well as
more sobering consequences. I won't guess how long
the choppy waters will persist, or how "low"
any powers might go in "protecting our many interests",
but expect to be shaking my head from time to time.

From this frame of mind, which will change,
I'll begin by looking at Barrick Gold Corporation,
and Michaud characteristics, while trying to
express and increase my understanding of
Moneta itself. (couple days please)

Dave
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