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


To: Bobby Yellin who wrote (39959)9/2/1999 2:39:00 PM
From: Alex  Respond to of 117013
 
<<``I do not think any central bank will want to buy gold,' said a Swiss dealer.

``They are all looking to sell gold so I don't think they are going to turn buyers,' he added.>>

Nice find Bobby.



To: Bobby Yellin who wrote (39959)9/2/1999 3:28:00 PM
From: goldsnow  Respond to of 117013
 
Consolidation was required in the Australian gold mining sector to combat depressed bullion prices and rising exploration costs, Burgess said.

``There has been consolidation in the aluminium industry... in the copper industry and now it is time for the gold sector to consolidate,' Burgess said.

Gold prices appeared to have reached the bottom of the cycle but he admitted he ``didn't have a clue' where prices were going.

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