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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (35533)	6/18/1999 11:20:00 AM
From: Ironyman	Read Replies (1) \| Respond to of 116825

Richard, Gold has rallied twice now on foreign markets, only to be beat down immediately upon the open of the US markets. This is indicative of a direct attack by the US against the EURO. Do you think they might notice? Eric

To: long-gone who wrote (35533)	6/18/1999 11:27:00 AM
From: lorne	Read Replies (2) \| Respond to of 116825

Hi Richard. A day or so ago Greenspam said......." GREENSPAN: I'm impressed with the fact that the price of gold is falling, and I'm not impressed with the fact that's solely the result of the fact that a number of central banks have been selling gold. I think there's more to it than that."........ Overnight when the market thinks a central bank will not sell we get. ........." London--Jun 18--News of opposition to Thursday's amendment in the Swiss constitution relating to the beneficiaries of gold reserves saw spot gold rally $5 to a high of US $263 per ounce this morning."......... I think it is obvious to all that what is happening to gold is the result of central selling OR NOT SELLING. I think Greenspam is either poorly informed, really don't know whats going on or he is just spewing complete BS. Lorne