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

To: Rarebird who wrote (51349)	4/12/2000 9:10:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116753

We knew there would be margin calls this morning, & there is a chance for another massive nasdaq dip. Well, this will keep money from flowing into gold. I told everyone more "news" would break at any minute: Wednesday April 12, 6:36 am Eastern Time Europe gold dips on Swiss news, seen steadying LONDON, April 12 (Reuters) - Gold prices slipped back on Wednesday after the Swiss central bank said it would start its gold sales in early May, but traders expected the market to hold steady after its initial dip. After spending most of the morning session looking as if it was going to push through $282 a troy ounce, the price slid to $280.75/$281.75 just after the Swiss announcement. By 1030 GMT spot gold was quoted at $280.20/$280.70, down from a New York close of $281.10/$282.10. ``It's not uncommon that you get a little bit of weakness immediately after, even though theretically it should already all be in the price,' said HSBC analyst Alan Williamson.(cont) biz.yahoo.com It's a stupid manipulated game where anyone who invests in gold is fighting both the powerful & the rich. I hereby notify all that I fight them no more. I give. They win!

To: Rarebird who wrote (51349)	4/12/2000 10:09:00 AM
From: LLCF	Read Replies (1) \| Respond to of 116753

OT: <It depends on the area. Buffalo, NY, I've been told, has seen their property values depreciate year after for quite a while now.> My Grandmother had a pharmacy [& soda fountain of course] in downtown Syracuse untill after the war. She was kicking herself at that point for not buying the property in the 30's which she could have done because after the war rents got so high it forced her out. Granny died about 6 years ago and I was up in the area sorting things out. The building was a mess and for sale for a comparable amount that she could have bought it for in the 30's. The malls on the outskirts of Syracuse have supposedly driven downtown back to depression era prices. DAK