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

To: Roebear who wrote (41157)9/27/1999 6:24:00 PM
From: Sawdusty  Read Replies (2) | Respond to of 116791
 
Well Roebear, I don't pretend to have the answer, but since reading the news release, I have been wondering - why now? There has to be a reason, and I for one think that it has not been announced.

Gold has been weak for a long time, while they have been selling and leasing, in what appears to be increasing numbers. Now all of a sudden, they do not want to see it go down further?

Hard to take, especially since I just finished eating. :-))



To: Roebear who wrote (41157)9/27/1999 6:28:00 PM
From: long-gone  Respond to of 116791
 
<<I wonder if this had anything to do with the announcement by the G-7 and company:
Panel Of U.S. Economists Urges Fed To Raise Rates >>

Sure, look at recent history, as US bond rates increase(based more or less on the Fed rates [or fear there of])gold rates move up. If "the judges" say US rates must move up, gold must follow,or in this case lead!


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