SI
SI
discoversearch

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: Rarebird who wrote (42329)10/7/1999 1:18:00 AM
From: Robert J Mullenbach  Respond to of 116785
 
You never know who will be a Gold Bug,

origsix.com

this is some Gold Mine, sure would like to tour it.



To: Rarebird who wrote (42329)10/7/1999 1:29:00 AM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 116785
 
Rarebird, Have you ever read ,Past Present Futures, Newsletter.??

They are big on the 30 year cycle, sounds great for gold, and CRB.

I found this old post of mine,

he talked about the 64 year cycle too. they are into the 30 and 60 cycle

XXXXXXXXXXXXXXX

Excerpts from an interview with Martin Armstrong in the May 31,1996 issue of Silver
and
Gold Report, edited by James DiGeorgia.

Martin Armstrong:

>>>>You're going to see oil most likely reach the $60-$80 range over the next 2 to 3
years...
...Roughly, there's a 64-year cycle in gold, which is due for a peak around 1998. The last
peak came in 1934 when gold was rallying substantially and Roosevelt was confiscating
it.
Before that, you had the gold panic of 1869 when we first went off the gold standard.
Prices rallied up to $162 on the NYSE back then. That's the equivalent to nearly $10,000
in today's terms!
What I find interesting is that every time this 64-year gold cycle pops up, it tends to
earmark periods of crisis in the currency exchange rates...
Looking down the road further-say two years- I think gold will likely test its 1980 high by
1998, perhaps even the $1000 range by then, and then higher into the year 2003.
Platinum looks even better. I wouldn't be surprised to see it approach $1800-2000 level in
the next two years.
I am not as optimistic on silver, but I expect it to break through the $8 level. Silver could
move in sympathy with gold and platinum. It might leap over the $10 mark in the next



To: Rarebird who wrote (42329)10/7/1999 6:50:00 AM
From: Alex  Respond to of 116785
 
Taiwan September Gold Imports Up 66% From September 1998

TAIPEI, Oct 7, 1999 -- (Reuters) Taiwan's imports of gold bars and coins surged to 6.741 tons in September, up 65.9 percent from 4.063 tons in same month of 1998, the finance ministry said on Thursday.

In the first nine months of 1999, gold imports totaled 66.052 tons, a 41.25 percent rise from 46.762 tons in January-September 1998, the ministry said in a statement.

The statement gave no reason for the import rise.

Taiwan's gold imports now have risen in annual terms for six straight months, and dealers said the island's gold demand was showing genuine signs of a rebound as the economy picked up speed.

In previous months, dealers said much of the growth was more a reflection of the very low year-earlier comparative base.

Taiwan's gold imports fell sharply in 1998 as Asia's recession slowed the island's economic growth rate to 4.7 percent compared to 6.8 percent in calendar 1997.

Gold exports in September were slight at 0.382 tons, but more than double the 0.18 tons of September 1998.

The following table lists Taiwan's main sources of gold in September compared to September 1998 (in tons, mainly gold bars):

September 1999 September 1998

Australia 2.000 1.040

Hong Kong 0.916 1.014

Switzerland 0.693 0.014

Indonesia 0.331 0.355

Singapore 0.020 0.023

Others 2.778 1.432

(US$=T$31.8)

(C)1999 Copyright Reuters Limited. All rights reserved.

invest.insidechina.com



To: Rarebird who wrote (42329)10/7/1999 8:22:00 AM
From: Robert Dirks  Respond to of 116785
 
Looks like they are out of the picture, and HM can start moving with the POG.
The most important thing is they are largely unhedged, and that seems to be the most important fact these days.

The market is saying Dump All Miners with Large Hedge Books. I have always suspected that Barrick was playing with the shorters, and they will now pay for it...........