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


To: d:oug who wrote (43314)10/18/1999 11:21:00 PM
From: Enigma  Read Replies (2) | Respond to of 116753
 
Yesterday ..... I received the following message from one of the great novelists of all time, Mr. Arthur Hailey

After that introduction - need we read another word?? d



To: d:oug who wrote (43314)10/19/1999 12:16:00 AM
From: d:oug  Respond to of 116753
 
... STRANGE...they were not posted by Bloomberg until today...

Subj: Midas- AngloGold Ltd. and $375 Gold By Year End?
Date: 10/18/99 10:36:18 PM EST
From: LePatron@LeMetropoleCafe.com
To: dougak

Le Metropole members,

Midas du Metropole has served commentary at the James Joyce Table.

"Kelvin Williams executive director of marketing at Johannesburg based
AngloGold Ltd, the world's largest gold producer, made the following
statements on Friday. For some strange reason they were not posted by
Bloomberg until today when the gold price was weak.

"I think the bullion banks have been very aggressive recently in extending
credit lines to the mining industry. I think they have to take a measure of
responsibility and take a sobering look at what they've marketed over the
last year. I think since they created and designed many of these products
that they have sold, I would have thought they'd have quantified these risks
in advance."

"We still think there's a potential in the price -
- conceivably to go as high as $375 by the end of the year."

All the best,
Bill Murphy, Chairman
Gold Anti Trust Action (GATA) gata.org
Le Patron, Le Metropole Cafe lemetropolecafe.com