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

To: long-gone who wrote (35687)	6/22/1999 11:57:00 AM
From: Ken Benes	Respond to of 116767

Richard: To set that up would take time and it would also require attracting investment money into bullion. Whether this could be accomplished at the present time is debateable. The answer lies within the cash strapped companies. There is absolutely no reason that they could not purchase gold for resale from the cb's now and mothball their cash draining mines. Believe me it would not take very long to halt the slide in gold and have the commodity return to its true equilibrium price. I do not know why you have such difficulty with this concept. Maybe it is contained in the psche of a gold bug. The only justification for owning gold is to protect oneself from the specter of a potential calamity whether, political, financial, or geographical. There is a better reason. Investing and making money without the world falling apart. Ken

To: long-gone who wrote (35687)	6/22/1999 12:19:00 PM
From: Alex	Read Replies (2) \| Respond to of 116767

BOJ to maintain easy money policy: Hayami ------------------------------------------------------------------------ The Bank of Japan (BOJ) will adhere for the time being to its policy of guiding the key short-term money market rate to near zero, BOJ Governor Masaru Hayami said Tuesday. ''We intend to continue with our current aggressively easy monetary policy until deflation worries subside,'' he told a press luncheon at the Japan National Press Club.