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

To: long-gone who wrote (40291)	9/14/1999 5:25:00 PM
From: Alex	Respond to of 117024

I wondered if anyone would pick up on those #'s. Hard to get one by you Richard : - )

To: long-gone who wrote (40291)	9/14/1999 5:27:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 117024

If you are looking for humor, under Kitco news, there is a piece that hedging by producers effectively increased mined supply by 18% this year over last year. Mines close, investment capital dries up, and the producers continue to discount their reserve base by selling gold forward while bitching and moaning about the low price of gold. Talk about shooting yourself in the foot, the producers are using a 12 gauge shotgun loaded with double O buck. The short sellers are probably lighting candles on a daily basis hoping the miners remain ignorant and continue funding their money machine with discounted gold. Ken