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


To: Rarebird who wrote (51124)4/4/2000 9:08:00 PM
From: re3  Read Replies (1) | Respond to of 116759
 
franco was up 11 %, agnico 9 %, barrick nearly 6 %...

i'm not complainin'...are you sure you aren't a tad impatient ? maybe we need a lag of a day or two to get the newbies on board...

i got back into swc at 38.25, hopefully it will be nice for a quick trade, i'm looking for 4 points on it...



To: Rarebird who wrote (51124)4/4/2000 9:13:00 PM
From: Helios  Read Replies (2) | Respond to of 116759
 
Hey Rarebird, hope you don't mind me following you here from over the CUBE board. I use to enjoy your manic posts there. I see that you're playing the wise gold and currency seer over here. Very tut tut and all that. Say I've been thinking that in the long term this argument over paper verses gold will become irrelevant. Money will almost completely disappear as a medium of exchange. Money is and has been needed because you can't easily get paid in grain or cattle and you don't want to take those things to buy a car. But with the vast majority of transactions taking place over networks the money thing isn't really needed is it? People are already getting paid in stock options, add some commodity futures to that and you have a paycheck. Go to the store and buy your groceries with shares of the commodity of choice. You would not have to do any calculations since you would probably be using a basket of stocks and commodities (maybe even a touch of gold) and the transactions would be handled by computer.

What do you think?



To: Rarebird who wrote (51124)4/4/2000 11:10:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116759
 
> I agree with you: The XAU looked awful today as Gold rallied over $6?

Gold was up $11.40 intraday, and only took the XAU to 59.38, yuck !