SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: PaulM who wrote (50877)3/29/2000 6:46:00 PM
From: IngotWeTrust  Read Replies (2) | Respond to of 116753
 
Probably just some corporate ploy to "re-allocate" some assets, write off some old equipment and re-emerge new and better.

Remember this: Old refiners never die, they just smelt away.

O/49r



To: PaulM who wrote (50877)3/29/2000 7:08:00 PM
From: John Soileau  Respond to of 116753
 
<<Having watched this gold market closely the past three years, I've learned that a falling
POG is longer term bullish indicator (i.e., gold particulalry fell when Russia defaulted,
when LTCM went under, when the Asian financial crisis began, when the stock market
fell etc.)>>
Lower POG is going to do two things: 1)spur higher demand for a commodity already in physical supply deficit, and 2)curb new supply. Guess what that causes later?!!!
I'm enjoying watching this, it's like watching a coiled spring being compressed....
John



To: PaulM who wrote (50877)3/29/2000 8:45:00 PM
From: long-gone  Respond to of 116753
 
<<GOLD REFINER HANDY AND HARMON FILES BANKRUPTCY>>

Nice post(& before anyone asks - No Relation).