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


To: Alex who wrote (39755)8/29/1999 6:11:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 116900
 
ALEX: it this be the 3rd time (the denial), then it a done deal...at least that's the way it was with mexico currency official's in the '70...;)



To: Alex who wrote (39755)8/29/1999 8:11:00 PM
From: Rarebird  Respond to of 116900
 
China-US Nuclear Probe Blocked By Politics:
dailynews.yahoo.com



To: Alex who wrote (39755)8/30/1999 8:53:00 AM
From: John Hunt  Respond to of 116900
 
Gold less tarnished than it seems

<< Don't write off gold quite yet -- for two good reasons.

The first is that buying any investment that everybody else loves to hate can eventually be an effective means of making money.

The second is that no market is exactly what it appears to be on the surface. CIBC World Markets economist Jeffrey Rubin may have been quoted in this column recently that central banks hold the equivalent of 12 years of global gold output and some are willing sellers.

But how much of that gold is readily available for delivery, free of paper claims against it? If there is far from enough to meet market circumstances at any time, you have a bear squeeze.

For this thought I am indebted to Doug Pollitt, of Toronto Stock Exchange member firm Pollitt & Co. Inc., for sending me, not only his thoughts on this potential, but those of John Hathaway, the fund manager of New York-based Toqueville Asset Management Limited Partnership. >>

... cont'd at ...

nationalpost.com