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To: pater tenebrarum who wrote (54390)6/15/2000 12:07:00 PM
From: lorne  Read Replies (1) | Respond to of 116833
 
Market Report 6/14/00):
" One source reported Goldman Sachs as the rally stopper. There has been no verification at this time that a major buy-back is in progress or that Goldman Sachs is trying to cap the price, but with gold up another $1.70 in the early going and the obvious attempt to check the rally in New York yesterday, we would have to say that something worth noting is in the works."
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To: pater tenebrarum who wrote (54390)6/15/2000 1:52:00 PM
From: Enigma  Read Replies (1) | Respond to of 116833
 
Yes I agree that has been the pattern - but I think we can't always look for history to repeat itself - especially as we've seen so many failed gold rallies. I can remember when gold stocks almost always led the POG one way or another - but I think there is now a 'show me' mentality in place - and it will take a while to get over this. And the more gold fails to rally the deeper the scepticism among gold stock investors as gold aproaches $300.


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