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


To: GST who wrote (48373)2/7/2000 2:57:00 PM
From: Enigma  Read Replies (2) | Respond to of 116762
 
Just the opposite in fact. I don't think any of this can be summed up in a quick reaction. Like it or not - and many don't - Barrick is increasing its dominance in the gold business.



To: GST who wrote (48373)2/7/2000 3:11:00 PM
From: goldsheet  Read Replies (2) | Respond to of 116762
 
> Bob: Great news -- if gold rallies now, and I think it will, ABX has lost control. Good riddance to them.

Barrick Gold is the stock I use to trade my XAU/AU strategy, and is my largest stock holding, at the moment. Barrick remains in control, they did what they needed to do to pacify the anti-hedge folks, and have gone back to the real business of planning future production.



To: GST who wrote (48373)2/7/2000 4:38:00 PM
From: Rarebird  Read Replies (2) | Respond to of 116762
 
I still don't know where all this wild bullishness was coming from. The Dollar Index is still at multi year highs. True, Inflation is rising but Growth is still very strong.

The Tech Mania is still alive and well. There was nothing in Friday's Gold rally that told me it was anything more than corrective or Bear Market in nature.

Now I'm hearing about a new paradigm based Gold Bull Market on this thread. I suppose almost anything is possible. But I tend to doubt it, in this very old-fashioned market.