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


To: Alex who wrote (49934)3/2/2000 4:05:00 PM
From: Ken Benes  Read Replies (2) | Respond to of 116764
 
Barrick heading toward <16. Keep pushing this stock down. Between barrick and the australian producers, gold does not stand a chance staying above 300 and this is with an environment that production is 1/3 less than total demand. Between barrick borrowing gold and dumping it on the market, and the australians selling forward five years worth of production, and barrick readying an additional 1.6 million ounces of production, the market is in an oversupply. These guys should be a case study on how to run an industry into the ground.

Ken



To: Alex who wrote (49934)3/2/2000 9:22:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116764
 
Beijing brings in big guns and bonds
to exorcise deflationary devil

By Michael Dwyer, Beijing

China appears close to finally escaping from the
deflationary spiral which has dogged its economy over
recent years.
afr.com.au