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Pastimes : CNBC -- critique.

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To: Ted David who wrote (2042)12/10/1998 7:00:00 AM
From: long-gone  Read Replies (1) of 17683
 
Ted,
When the (even) White House is investigating the possibility of market manipulation by a group as large powerful and diverse as the group listed in the article, is the word "conspiracy" excessively strong?

You should note, I am not sure CNBC is involved directly in this. The failure of CNBC to report on any business actions taken by the (valid blue chip)mining industry(of late) as suspect, though.

There have been two takeovers by HM, one by ABX,& one by AU.
The one that is ongoing by AU is a company that is traded in the US.
Also, the actions in which around 25% of HM has been taken over
by Baron Von Finck should have drawn some mention.

Ted, The last takeover mentioned by CNBC in the precious mining industry was the takeover by NEM. Should not an mining analyst discuss these actions? And how about all the volume in the mining issues?

There is a great consolidation going on in the mining industry. There are also some number "empty holes in the ground surrounded by crooks"(to quote Mark Twain". We gold bugs will buy few (if any)
of these "empty holes" such as BRE-X, but the broad investment public should have some help from a real mining analyst.

Some investment professionals are again saying people should have a small% (1-5%) of exposure to this sector. Should not CNBC not help
the broad public with knowledge of this sector?
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