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

To: long-gone who wrote (42165)	10/5/1999 12:53:00 PM
From: mark warburton	Read Replies (1) \| Respond to of 116837

What are the odds that the next major develpment on the gold front is that the Bank of England cancels future gold auctions. I would imagine before the next auction the public will be throwing stones for selling England by the ounce at what now appears to be give away prices. The vaults have been emptied by 50 tons at $70 dollars below market value per ounce US. I would imagine complete outrage in the streets of London. And then where will the shorts be left. Anybody seen TeeVee lately? Great short! Barrick at $33! More Bravado then brains! As is typical New York does not like to be led but be the leader. So with each overseas rally you see New York pull it back and then it rallies back up. I would look froward to more historical relationships in the near future. platinum has not been exposed to the excess carry trade in gold and the historical relationship of the 2 metals should soon be restored. Look for silver to also explode! Just here enjoying my dues. Mark