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


To: Ken Benes who wrote (55548)6/30/2000 9:11:19 AM
From: LLCF  Read Replies (1) | Respond to of 116757
 
<A breakout above 300 dollars is a very formidable task>

I was fresh out of college sitting in on a trading desk from my 'training class' on one of my first days back in early '81 on 'Granville Day'- the seer said 'the market will never go over 1000.'

Well, I'm here to tell you that GOLD will never go above $300 again!!!! <vbg>

DAK



To: Ken Benes who wrote (55548)6/30/2000 9:16:12 AM
From: lorne  Read Replies (2) | Respond to of 116757
 
Canada's Agnico-Eagle insists it still won't hedge gold output
Toronto--June 29--Canada's Agnico-Eagle Mines Ltd will "never sell any ounce
of gold forward," president and CEO Sean Boyd said at the company's annual shar
eholder meeting on Thursday. Boyd said that hedging activities by other gold
producers and speculative short sellers has hurt the gold price and added that
the company won't consider gold hedging, as it would restrict Agnico-Eagle's
upside to a gold price rally, which would in turn impair its share price. (Story
.19466)
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