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

To: Rarebird who wrote (40119)	9/8/1999 8:28:00 AM
From: long-gone	Respond to of 116791

Seems "they" are attempting to talk the CRB lower today - except oil. Egyptian Gold Mining Being Revived Source: Associated Press &&&SUKKARI, Egypt (AP) -- A little skepticism is in order when someone tries to sell you the pharaoh's gold mine. But even with gold prices down, an Australian-Egyptian team is bent on reviving Egyptian gold mining, which had it heyday in the time of the pharaohs. The prospectors have a treasure map -- a copy of an ancient cutaway drawing of mine tunnels used during the reign of King Seti I in 1350-1205 B.C. The original, on papyrus, is kept in an Italian museum while geologists and engineers for Pharaoh Gold Mines use diamond-tipped drills to probe the area the map shows, a stretch of southeastern desert near the Red Sea coast. Pharaoh Gold Mines combines the undeniable allure of gold with the romance of Egypt's ancient, glorious past, and three years of test drilling have impressed some investment planners. What it doesn't have yet is much gold -- full-scale mining is at least a year away. (cont) kitco.com

To: Rarebird who wrote (40119)	9/8/1999 5:09:00 PM
From: Alex	Respond to of 116791

"If, however, a government refrains from regulations and allows matters to take their course,ÿ essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer." "Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . .ÿ Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose." John M. Keynes