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To: Mark Marcellus who wrote (6011)	6/16/2000 8:19:00 AM
From: long-gone	Respond to of 17683

Or that that those very conspirators are near out of ammo? I would expect CNBC to at least report the whole truth. The truth that most of the gold hedges held by the mining industry have been unwound. That money put into gold Jan. 1 would have gone up, money into the nasdaq - gone away! Some of the miners are now making money & many paying dividends - Oh, I forgot "dividends don't matter". What BS!

To: Mark Marcellus who wrote (6011)	6/16/2000 8:31:00 AM
From: Rarebird	Respond to of 17683

The best short term indicator I know for Gold at the moment lies in the recent strength of the Australian Currency and Euro, along with the weakness in the dollar. A break below 105 on the dollar index will most likely lead to a quick fall to the 102-103 level. A fall below the 100 level will cause some concern and produce a very nice rise in the POG. It is legitimate to wonder if the Euro is in a Bear Market Rally here. The 1.09-1.10 level is key if the Euro ever gets there. The same question can be raised for Gold this year. 2001 looks much better for Gold as the US economy heads into recession. I love investing in high techs stocks too, but the massive Insider selling should be taken seriously. As a currency, the fate of Gold is intricately wrapped up in the movement of all these currencies and interest rates.