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

To: banco$ who wrote (42065)	10/5/1999 3:46:00 AM
From: Tunica Albuginea	Respond to of 116762

banco$:" no gold news ". The silence is eerie. The great Institutions of the world, Banks, Brokerages, Governments of all stripes are now standing still in awe about the power of the gold surge the crumbling of 30 years of carefully laid inlationary, paper-money printing plans and social engineering. ~~~~~~~~~~~ The Price Of Gold is a stealth missile It is now silently thundering across the plains and the seas over the hills and mountains down valleys through city avenues from hamlet through palace eveybody recognizes 'Ol golde ' and they wave smilingly, happily he has come to rescue them from profligate rulers who will soon buckle under it's might paralyzed they stand and watch waiting for the executioner TA Message #42065 from banco$ at Oct 4 1999 9:31PM dak, Virtually no gold news while sampling local press over the weekend. Thought some smaller papers would have reported on the largest weekly gain in 17 years, but coverage seems confined to the NY Times, Wall St. Journal and the like. Many of the smaller papers no longer report the gold price. Perhaps readers will now start asking for daily quotes and perhaps some substantial coverage. Does the price need to hit $500 USD before it's a story?

To: banco$ who wrote (42065)	10/5/1999 11:23:00 AM
From: IngotWeTrust	Read Replies (2) \| Respond to of 116762

Hi, Banco. If memory serves me correctly, the number that will make the gold price rally "news" is not going to be the benchmark, round number of $500 T/O. I believe Ian McAvity, the former Central Fund of Canada (mostly silver) Fund Manager, and chartist extraordinaire has stated many times that the news making POG point requires BOTH the following items: 1) London PM Fix above $421.63 2) MUST be the PM Fix If you recall, the short burst rally effort a few years back stopped just shy of that number by massive LDMA piling on, at approximately $409-415 level. When $421 and change is broken: ...it will take 2 out of 3 FIXES above that inflection point to turn resistance into support; ...it will need to occur on heavy volume. Speaking of Ian, I think I'll be about the business of renewing that subscription. If anyone can see straight in this cockeyed world of gold, silver and CB puckey slinging, it is that old Canuck with a sharp pencil and a ready wit. My admiration for him as a metals guru surpasses everyone, including the prescient John Murphy of Murphy-Morris.com C'ya O/49r webmaster at Blue Bucket Gold Diggings oregontrail.net