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To: Alex who wrote (46851)1/7/2000 4:32:00 PM
From: Ken Benes  Respond to of 116764
 
If the Venezuelans, Germans, Swiss, and Portugese are indeed leasing gold, it is safe to assume that there is a mining company on the other side of the transaction. It appears that many of them have not learned and will continue to increase supply thru the leasing mechanism. The only way for an investor to deal with this situation, sell their mining shares and drive the stock prices of the mining companies into the ground.

I agree with Morgan Stanley, gold is a terrible investment, for now and into the forseeable future.

Ken



To: Alex who wrote (46851)1/7/2000 6:57:00 PM
From: m jensen  Respond to of 116764
 
Alex I thought the wires didn't carry this bafflegab?

Positive on a ole relic like gold??

One only has to sit back and imagine the allure of a market that short, seems the play would be to keep enough pressure on the ones holding it down while taking delivery of da gold they seek nice and cheaply >g<



To: Alex who wrote (46851)1/7/2000 8:05:00 PM
From: Lalit Jain  Read Replies (1) | Respond to of 116764
 
Alex,

IMO, Greenspan manipulates data for inflation, employment, wage inflation etc. etc. All part of a plot ?

Regards, Lalit Jain