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

To: Ken Benes who wrote (47062)	1/14/2000 11:48:00 AM
From: Enigma	Respond to of 116779

quicken.excite.com Edit More rhetoric? You should pay attention young fella! NEM has done well can't disagree with that - but ABX stands up well against the others. One year comparison. At least some fund managers must disagree. If the stock as you say is in distribution - there must be a few discerning folks out there - accumulating. Of course the time to hear back from you will be in a year or so.

To: Ken Benes who wrote (47062)	1/14/2000 12:06:00 PM
From: Enigma	Respond to of 116779

Try also 3 months, three years - can't download five. We're considering comparisons here - not whether gold stocks were the place to be. And the product mixes aren't exactly the same - but generally these stocks are considered to be 'competitors' In any event, some equity funds have a percentage of gold in their asset mix willy nilly. For 'insurance', whatever. WE may see the percentage increase as the market gets even more stretched.

To: Ken Benes who wrote (47062)	1/14/2000 2:11:00 PM
From: Terry Swift	Read Replies (2) \| Respond to of 116779

I hope the gold mining industry, and Barrick in particular, is paying attention to the price of oil. Assuming the impetus for these skyrocketing prices is not Y2K related, OPEC is doing one fine job of making its only product scarce and expensive. Oil has more than doubled in a few months due to production agreements and is now pushing $28/bl. Contrast that with the idiots in the front offices of the gold mining industry flooding the market with product they haven't even mined yet and won't mine for 5 or more years. Egads, what insanity. We need a stockholders revolt to get these idiots removed by their Boards of Directors. I have a feeling oil is headed much higher. Of course, it won't be inflationary; at least, not according to the government numbers. Nothing ever is.