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

To: Hawkmoon who wrote (43169)	10/17/1999 2:45:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116764

Again you have fundamental problem with the notion that Gold is extremely scarce, very difficult to find and longevity of "cheap finds" are few years....But more..You have difficulty to accept the notion that CB's holdings would never come for sale and in fact represent minute quantities considering an incredible rise in demand that your opponents see clearly coming... When you defend your position, you defend your believe that 10 year supply at current subdued demand is the controlling factor....Not an exploding Trade Deficit, not Huge Mounting pressures (Health Costs and Unwilling to cut spending) coming on Baby-boomers chasing paper...But CB"s ....with their insignificant holding even under present artificial conditions..

To: Hawkmoon who wrote (43169)	10/17/1999 2:46:00 PM
From: Robert Dirks	Read Replies (1) \| Respond to of 116764

When Oil was trading at $10 earlier, analysts were talking about $5. Oil. It hit $26 recently, and who would have thought........ You don't have to listen to what I say, but keep it in the back of your mind for a year or two. Events will happen, CB's will lose control (or will not want to intervene any longer), and minimum $650. will be hit. In this period, it will be in the media big time, and the public lines at dealers will be very long....... RD