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

To: Alex who wrote (48404)	2/7/2000 3:59:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 116791

What is more profitable to a company, selling 3.5 million ounces at 350.00 an ounce or 5 million ounces at 280.00. What was more profitable for the oil companies, selling all they could pump at 10.00 or a reduced amount at 28.00 dollars per barrel. This is the only industry that has little or not concept of supply and demand. What they do understand, who has more shovels, I produce the most, my jeep has more horsepower than yours, my cell phone works at the south pole, etc. Barricks rationale, that an increase in production is good because of the strong fundamentals of the gold market. Well why don't we shoot the fundamentals with an elephant gun. Barricks release was cleverly written with a great deal of thought behind it, why it could have been written by those with an interest in keeping the price of gold below 300.00. Ken