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To: Enigma who wrote (52289)5/3/2000 5:34:00 PM
From: goldsheet  Read Replies (2) | Respond to of 116796
 
> Is 60 critical - or is it so because some here say it is so?

tscn.com

60 has always looked like good support going back to the 1986 and 1992 lows,
along with all of the bounces we have had since the brief summer 1998 drop under XAU 50.

Back on my favorite subject ;)
Echo Bay had big increases in production, which lowered costs.

biz.yahoo.com

"Total gold production for the quarter was 140,170 ounces, 18 percent higher than 1999 first quarter production of 118,764 ounces. Silver production from McCoy/Cove was 3.8 million ounces, 44 percent higher than the 2.7 million ounces produced in 1999. With the higher level of production, consolidated cash operating costs for the quarter decreased by $45 per ounce to $171 from $216 in 1999."



To: Enigma who wrote (52289)5/4/2000 12:35:00 AM
From: bobby beara  Respond to of 116796
 
tfc-charts.w2d.com

euro looks like third gap down, possibly exhaustion (probably -g-) today on a panic sell euro, buy $, this trend is near a zenith, the relative strenth of gold versus the $ and the spx is rolling over here.

The dull market in gold has just started the rock n' roll sperience that happened yesterday -g-



To: Enigma who wrote (52289)6/12/2000 5:16:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116796
 
> Message #52289 from Enigma at May 3, 2000 4:38 PM ET
> Is 60 critical - or is it so because some here say it is so?

I dug up this old post, just to note that it is a month
later and the XAU is still having problems around 60.

Since MAY 3: LOW=56.28, HIGH=62.17, AVG=58.82, TODAY=60.14