Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (41581)	9/29/1999 7:11:00 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 116764

Lucretius: " penniless": Time to hit Amazon.com: all trades a penny. Can we all be nice and buy Hutch an annual ( or at least monthly ) subscription to Amazon? :) TA

To: Lucretius who wrote (41581)	9/30/1999 7:51:00 AM
From: long-gone	Respond to of 116764

Gold fools analysts, awakens from nap Prices surge past $300 an ounce on news of European bank caps By Al Lewis Denver Rocky Mountain News Staff Writer Gold prices surged past $300 an ounce Tuesday on word that Europe's central banks would curtail sales of the precious metal. With gold at its highest price since October 1998, investors who've long been bearish now are talking about a fundamental shift in their outlooks. Gold prices hit a 20-year low of nearly $250 per share in August but continues to rise as global markets digest the news of a tighter gold supply. Earlier this week, European banks, including the Bank of England and the Swiss National Bank, announced they would restrict their gold sales to 400 tons a year for the next five years. That's more than the 315 tons they've sold on average each year for the past decade, but the announcement removes a veil of uncertainty from gold's future.(cont) insidedenver.com