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

To: Probart who wrote (41332)	9/28/1999 2:49:00 PM
From: goldsnow	Respond to of 116764

Emboldened by gold's continued gains, mining shares charged higher again, with South African heavyweights AngloGold up 11 percent and Anglo American climbing two percent. Analysts say the gold price rise should particularly favor those miners with small hedge programs or none at all as they can take direct advantage of the market's surge. Caught up with the enthusiasm, the precious metal platinum rose to its highest level in 16 months Tuesday amid a shortage of the metal and consumer purchases. infoseek.go.com

To: Probart who wrote (41332)	9/28/1999 3:03:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

<<Wow, some people must really be getting whacked. I hope they only risked what they could afford to see flushed down the pipe. Is this how a free market is supposed to perform?>> Not YET! MORE MORE MORE!!!!!!!!! rh

To: Probart who wrote (41332)	9/28/1999 6:11:00 PM
From: Benfica	Read Replies (1) \| Respond to of 116764

Why is it when the market is overpriced people say it will continue to keep on going up, but when gold which has been over sold rises up to its proper value then people must be crazy to invest in it? Is internet stocks a great investment? The United States has tried to destroy gold and other metals to the ground. The US dollar is over valued and their market is over priced. Something has to give and a major recession will hit the US. They are not alone in the world. Gold will probably go back to 400 to $410 where it should be. Why don't you invest in banking stocks and watch them flush down the toilet the next couple of years?