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

To: Ken Benes who wrote (43267)	10/18/1999 10:15:00 AM
From: Enigma	Respond to of 116764

Only time will tell if you're right - obviously though you haven't dug very deeply into the ABX program - and if you're investing as opposed to speculating, you would realise that things go down as well as up - this is the beauty of the ABX program - you're covered both ways - but prejudice is hard to overcome. d

To: Ken Benes who wrote (43267)	10/18/1999 5:40:00 PM
From: d:oug	Read Replies (2) \| Respond to of 116764

Ken, I just read a post on this thread, submitted 2:40 pm, Message 11627553 that has a news release on HM reducing its hedging stuff. Just so long that the price of gold will not be manipulated under $300 again I will predict that HM's strategy is a safer one than ABX's. Since I do not know this technical heaging stuff I have to view things in terms of history's stories of mankind where lots of smart men tried to out smart each other, and in this group of highly educated and very smart men there will be loosers and winners. So far the last 120 days has HM and ABX identical. In the next months ABX will move away from HM upwards if the story they have given their shareholders is true, or down if false. This assumes price of gold is above $300. (120 day comparative graph) siliconinvestor.com just my feelings based on what i read on this thread And it don't take a rocket scientist to understand that those who have in the past manipulated the price of gold have put in an extra effort to "show" those at the Denver gold gathering that gold is not worth much over $300. All expected by GATA, and they already had in place counter moves. GATA put up some cardboard tanks. doug