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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (9728)9/29/1999 7:40:00 PM
From: The Osprey  Respond to of 36688
 
Inflationary pressures are what fuel golds resurgence or the anticipation of the same.A flight to hard currency which cannot hurt the Canadian economy but rather help it as a producing country.Believe me I should be looking at the russian markets right now.The rise in gold cannot hurt them either.



To: SwampDogg who wrote (9728)9/29/1999 7:46:00 PM
From: The Osprey  Read Replies (1) | Respond to of 36688
 
Printed this in it's entirety.It can only help and be an indicator of the confidence in metals at this time.Fast company Warren Buffett and Now Bill Gates.....

Pan American Silver Corp -

NYT says Pan American stake picked up by Bill Gates

Pan American Silver Corp
PAA
Shares issued 28,755,761
1999-09-28 close $9.6
Wednesday Sep 29 1999
The New York Times reports in a lead business story in its Wednesday edition
that Bill Gates, the world's richest man and the chairman of Microsoft, has bought
10.3 per cent of Pan American Silver, a tiny silver mining company based in
Vancouver. Reporter Gretchen Morgenson says the $15-million (U.S.)
investment, made by Cascade Investment LLC, one of Mr. Gates's personal
investing companies, was made public in a filing with the Securities and Exchange
Commission on Tuesday. Although Mr. Gates's investment in Pan American Silver
is only a fraction of his net worth, it is nevertheless a significant vote of confidence
in the metals markets. News of Mr. Gates's purchase comes at a time when
precious metals prices are jumping. On Tuesday, the price of gold rose 9 per cent,
the biggest gain in almost two decades. Mr. Gates's investment in silver places him
in the company of Warren Buffett, often referred to as the sage of Omaha for his
investing success over the years.


The Osprey



To: SwampDogg who wrote (9728)9/29/1999 8:22:00 PM
From: Lola  Read Replies (1) | Respond to of 36688
 
In today's email Kaiser says . . . .

It's not going to happen overnight, but I think gold is on track for a repeat of the experience in 1980 when it shot to $800.

Lola:)