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

To: PaulM who wrote (36738)	7/7/1999 2:22:00 AM
From: Ron Everest	Read Replies (1) \| Respond to of 116753

The BO England and IMF are so callous towards gold. They do appear to be in manipulation mode. Problem is, they appear to have succeeded in driving investors off of Gold for the near term <<<<<He urged both the IMF and the Bank of England to reconsider their sales. Williams said the Bank's planned further auctions would contribute to market instability. "If the Bank of England cared about stability, why do they not sell all the gold at once?>>>>> Instability is the key word here. At this time, very few would venture into even blue chip golds as they present such instability, even the golds hedged in years are beginning to have a jaundiced look, from the inducement of the BOE/IMF/and PARTNER's perspective. Expect the blue chips to continue dropping, just maybe they will present a buying opportunity in the future..... signed: waiting on the sidelines. po'ed.