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To: Lucretius who wrote (64929)9/28/1999 11:48:00 PM
From: Oblomov  Read Replies (1) | Respond to of 86076
 
LT, Another TSC writer, Adam Task, said today that gold is not going
up because we have inflation (everyone agrees there is no inflation,
except in stuff that nobody buys anymore like cotton, copper, lumber,
drywall, wheat, corn, and gasoline) but rather because of the
situation with the short position in the physical.

He quotes an analyst to the effect that the rise in gold is now
commensurate with the rise in other metals (again, NOT inflationary),
and this is to be expected due to the lifting of CB selling fears.

He goes on to say that he will give investors more info
tomorrow on what to look for in gold shares.

So, now TSC is on the record as being "even-handed" on the gold bull
case.

AA