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

To: Douglas Simpson who wrote (3954)	7/15/1999 11:45:00 AM
From: Richard Humphrey	Respond to of 4057

<<Actually it may take about five years before the POG has a fighting chance. It may take that long to create a real demand for it.>> I do not think it will take five years for AU to recover. My belief is that AU will start to recover in the FALL of this year. You know after the CB's/IMF are finished helping the 3rd world countries out of their debt problem. Woops!! Those are the countries that are producing the yellow metal. Hmmmmmm, it seems like all the brain power in the 1st world countries seem to be missing the f#%$#$ing point. Mine closures and scaled back exploration programs are fast upon us which should send the metal back around the $300 US mark. What happens when the US dollar falls out of favour, and the YEN and EURO take over? AU is not dead!! There is a lot of gold short right now, and maybe the BOE needs to help their Bullion banker buddies out of a very hot and sticky situation. AU is going to sky rocket in late 2000. This is my take on AU. Comments???