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


To: Richard Mazzarella who wrote (53786)6/6/2000 8:02:00 AM
From: Enigma  Respond to of 116760
 
Pure golden butter - eat your heart out BTW why do you like gold? You sound like a thwarted lover!



To: Richard Mazzarella who wrote (53786)6/6/2000 8:56:00 AM
From: Ken Benes  Read Replies (1) | Respond to of 116760
 
I am no fan of barrick, but the technicals underlying the stock have improved dramatically over a two month period. Whether this translates to higher prices is debateable. If gold experiences a strong technical rally based on short covering and additional companies experience derivative implosions, then I would think that the rug will come out from under barrick again, as the forward sale of gold and the concomitant gold loans are again called into question.

Ken