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


To: Winzer who wrote (46041)12/17/1999 12:44:00 AM
From: d:oug  Respond to of 116836
 
<<GATA's efforts...Barrick Gold...start of ABX's demise.>>

My bet is that once GATA's efforts to obtain the information from the USA
government reaches a point that GATA will move full steam ahead with
what Bill Murphy stated as pertaining to the Freedom of Information Act,
that those inside the government will do whatever is required to prevent
this from happening. If so, then from that point all hell will break loose
as those in the USA government that engaged in criminal activity will
put pressure on those who controlled the price of gold to counter act
their past accomplishments.

With an understanding that those outside the government can act faster,
my next bet is that the management of Barrick will stay one step ahead
of the above dam breaking and do whatever is necessary to control the
damage that will occur. <<...of ABX's demise>> will not have a
follow thru if so, and after a short unsettled period Barrick ABX will
continue at the top of the gold mining industry and even get stronger.

So, my final bet is that ABX this time next year will go to new highs
and continue upwards as it will become one of the strongest companies that
mines for gold.

As for me, I never held ABX shares and will not be doing any purchasing of them.
This also includes any indirectness of any nature.

Doug