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Gold/Mining/Energy : Dakota Mining DKT

DKT 25.00

0.0%

Dec 27 4:00 PM EST

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To: philip trigiani who wrote (71)	7/17/1998 8:27:00 AM
From: bob k	Read Replies (1) of 141

Since you asked, a few humble novice reasons why gold will TAKE OFF! 1)8000 ton GOLD short position that exists now (25% of the world gold held by all of the central banks combined.), Represents 3 years of gold miners world wide production. 2)Gold has been artificially manipulated downward in the past by these banks for accumulation due to he introduction of the GOld backed EURO. (announced initially 15% backing of the EURO with rumors rising this % in the near future) Once accumulated, "THE BIG STING" THEY WILL RAISE GOLD LENDING RATES AND GOLD WILL RISE BIG TIME. THEIR DESIRE IS TO INCREASE THEIR HOLDING VALUE OF THAT BACKING. What would you do in the same position with your gold? 3) The US$ will tank and the US$ gold price will rise dramatically. 4) Arab states will accumulate EURO's instead of dollars. "OIL FOR GOLD" How would you feel if you were an Arab state and received a devalued SE currency for your precious OIL! When the downward trend of the dollar is visible, It will be ballout time of the US$ "BIG TIME". 5) Japan will go on the gold standard. The YEN will compete with the EURO as will the other SE Asian countries. 6) The US stock market will decline at some point, investors will focus on the few mining and resource stocks available. Lot's of cash, a narrow door for purchasing candidates. 7) Gold commemorative coins being proposed for the millennium will utilize an estimated 1000 tons of Gold. 8) When the public catches on, watch out above! 9) CHECK OUT USAGOLD.COM KITCO.COM (discussion group) GOLD-EAGLE.COM VENEROSO.COM read "BILL MURPHY" stuff here.... use the people search! 10) Remember, what I now know and you know, all the bankers and miners know. The panic buying will take place when the public understands and has few other options for their cash!. THE ABOVE IS ALL MY GUESSWORK! DAKOTA MINING WILL GO TO $45.00 A SHARE WHEN GOLD REACHES $500 - $600 PER OUNCE. and QUITE FAST! NICE GOLD STORY, NOW ISN'T THIS FUN......

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