Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Hawkmoon who wrote (55122)	6/25/2000 9:49:00 PM
From: long-gone	Respond to of 116753

So, just wondering, why are you so insistent our United States make the same mistake with our gold as the rest of the world did with their gold & Clinton did with some of our Strategic Defense Petroleum reserves last year, & sell near an all time bottom? Is it ever wise for a country or an individual to sell low & buy high? Oh, I forget, you're Ron & under your "magic accounting" anything is possible, even selling the same thing twice or three times while using it as collateral on FIVE loans!!!! So you say you got that shiny MBA from The Billy Sol Estes School of Corporate Finance?

To: Hawkmoon who wrote (55122)	6/26/2000 8:28:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116753

<<should it be noted(again) this administration is far from known for their level of truth? Alan Greenspan came on board in 1987, and re-nominated by this administration. I hardly believe that he is as corrupt as you would like to make him out to be.>> I've written this to you 6 TIMES, Will you please pull out your head & understand or is it posssible for you? 1. THE TREASURY OWNS US GOLD NOT THE FEDERAL RESERVE 2. IF THE US GOLD RESERVES ARE(IN PART) GONE GREENSPAN HAS NO POWER OVER IT POSSIBLY NO KNOWLEDGE OF IT!!!!! 3. THE LIARS ARE MORE IN THE TREASURY - WORKING FOR THE PROVEN LIAR CLINTON - AND LESS IN THE FEDERAL RESERVE - EXCEPT POSSIBLY THOSE PUT THERE BY CLINTON DUH

To: Hawkmoon who wrote (55122)	6/26/2000 8:32:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116753

crooks in the White House? June 26, 2000 Sale of federal oil field boosts Gore fortune By Bill Sammon THE WASHINGTON TIMES Visit our Election 2000 page for daily election news and analysis Vice President Al Gore's push to privatize a federal oil field added tens of thousands of dollars to the value of oil stock owned by the Gore family, which has been further enriched by skyrocketing gasoline prices. Shares of Occidental Petroleum jumped 10 percent after the company purchased the Elk Hills oil field in California from the federal government in 1998. Mr. Gore, whose family owns at least $500,000 in Occidental stock, recommended the sale as part of his "reinventing government" reform package. The sale, which constituted the largest privatization of federal land in U.S. history, transformed Occidental from a lackluster financial performer into a dynamic, profit-spewing, oil giant. Having instantly tripled its U.S. oil reserves, the company began pumping out vast sums of crude at low cost. As the months went by, Occidental was able to sell the oil, which ends up at gasoline retail outlets like Union 76, for more profit. Rising oil prices have significantly improved Occidental's bottom line, said analyst Christopher Stavros of Paine Webber. This year, the company posted first quarter revenues of $2.5 billion, or 87 percent higher than a year earlier. That's a bigger increase than at nine of 10 other oil companies listed in a survey that Mr. Gore cited last week as evidence of price gouging. The rise in Occidental oil prices, coupled with the acquisition of the Elk Hills field, has paid handsome dividends for the Gore family. The vice president recently updated his financial disclosure form to put the value of his family's Occidental stock at between $500,000 and $1 million. Prior to the Elk Hills sale and gasoline price spike, Mr. Gore had listed the value of the stock at between $250,000 and $500,000. (cont) washtimes.com