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

To: Bobby Yellin who wrote (38958)	8/13/1999 3:21:00 PM
From: Alex	Read Replies (2) \| Respond to of 116796

SAfrica's Mlambo-Ngcuka says talks with UK on gold sales likely to 'pay off' CAPE TOWN (AFX) - South Africa's ongoing talks with the UK about organising its planned gold reserve sales so they will not harm the gold price are likely to "pay off," Mineral and Energy Affairs Minister Phumzile Mlambo-Ngcuka told a briefing for members of parliament. "There is an ongoing dialogue between us and that country, and we believe it is going to pay off," he said. Mlambo-Ngcuka said South Africa did not necessarily want central banks to stop selling their gold reserves, but wanted them to conduct the sales in a way which would minimise any harmful effects on the gold price. The minister welcomed the IMF's decision on Monday to review its plans to sell 10 pct of its gold reserves for debt relief for the world's poorest 40 countries. "Thank God reason has triumphed in the IMF," Mlambo-Ngcuka said, repeating that the IMF sale would harm undeveloped countries which export gold, including South Africa, the world's largest gold producer. bur-rob/po/nma/bl For more information and to contact AFX: www.afxnews.com and www.afxpress.com ¸ Copyright 1999, The Nasdaq Stock Market, Inc. All Rights Reserved. nasdaq.co.uk

To: Bobby Yellin who wrote (38958)	8/14/1999 10:54:00 AM
From: long-gone	Respond to of 116796

Good find?: Are You a Greater Fool? Do you buy stocks because they are going up? Do you think stocks have always gone up? Do you think stocks will continue to go up? Do you think everybody?s getting rich but you? Do you think the trend is your friend? Do you buy a stock based on the company?s earnings? trend, or do you buy it based on valuation? Do you buy into momentum? Do you buy a stock with no earnings history because you think you?ve found the next Microsoft? Do you think a great company and a great stock price are one in the same? Do you care about dividend yield? Do you know what it is? Do you care about book value? Do you know what it is? Do you know what the book value of the Dow Jones Industrials is? (cont) thegreaterfool.com