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

To: Ken Benes who wrote (53394)	5/30/2000 6:13:00 PM
From: Enigma	Read Replies (1) \| Respond to of 116770

I long for the day when you add 'IMO' or better still, 'IMHO' to one of your prognostications - you write as if you sit on the right hand of God - all knowing, all seeing, all wise! You say there should have been a 10% cut in gold production? You completely ignore the world in which we live. It's almost like saying there should have been so many inches of rainfall in the Sahara Desert last year - and the flowers would have bloomed - and you could have splashed around in the puddles!

To: Ken Benes who wrote (53394)	5/30/2000 10:42:00 PM
From: LLCF	Respond to of 116770

<you can expect, a great supply of gold to hit the market supplied by bankers who will do anything to derail a possible safe haven status for the yellow metal. The dollar and gold will fall together because of oversupply.> In which case the demand slump you site will be reversed by lower gold prices around the world. DAK

To: Ken Benes who wrote (53394)	5/31/2000 7:01:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116770

<you can expect, a great supply of gold to hit the market supplied by bankers who will do anything to derail a possible safe haven status for the yellow metal. The dollar and gold will fall together because of oversupply.> What if the next administration demands return of all US Government owned gold currently leased into the market? I'm expecting it to be done quietly. We might even expect a full two years for the current positions to become unwound. The recent heavy level of buying into the unhedged miners suggests otherwise though.

To: Ken Benes who wrote (53394)	5/31/2000 9:36:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116770

<<The dollar and gold will fall together because of oversupply.>> Remember when only a couple of months ago there was a like "oversupply" of petroleum? Remember how every "expert" said oil was going to $3-5 a barrel? May 29, 2000, 5:20PM OPEC unlikely to boost oil output Analysts say exporters at capacity limit By LIM LE MIN and STEPHEN WISENTHAL Bloomberg Business News KUALA LUMPUR, Malaysia -- Oil exporters likely will hold off boosting output in June to halt (cont) chron.com