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

To: d:oug who wrote (50400)	3/14/2000 10:38:00 PM
From: TD	Respond to of 116815

Recession: mises.org

To: d:oug who wrote (50400)	3/15/2000 9:19:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116815

Nem up 5/8th yesterday, barrick down. The price of gold can only be contained with additional amounts of supply. The market recognizes the potential 1.5 million additional ounces of production from barrick as another threat to the pog. Behind the 1.5 million ounces of production is over 10 million ounces of reserves that can be sold forward and will be sold forward by barrick at the propitious time. As a team player with the banks, investors recognize barrick as a negative influence in the gold market and consequently, they have bid the stock down. Keep pushing this issue lower until the arrogant are relegated to a perpetual position of underperformer. Ken