SI
SI
discoversearch

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: pater tenebrarum who wrote (55640)7/3/2000 10:11:28 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
I thought aids was as big a problem as in the rest of Africa.

"Jim Reilly, a partner in Goldman Sachs and top
commodity dog, told a delegate at the FT conference
that if buyers came in to push up the price of gold
to $310 or $320, Goldman Sachs would offer unlimited
amounts of gold paper to keep the price from going
higher. "

But at some point will there not be a desire for the real thing? I didn't know you could wire IC's or Fighter planes with paper gold!!! So GS has at last announced they are the source of the current low gold price & are willing to attempt manipulate it for all time???



To: pater tenebrarum who wrote (55640)7/3/2000 10:17:28 AM
From: LLCF  Read Replies (1) | Respond to of 116764
 
<Jim Reilly, a partner in Goldman Sachs and top
commodity dog, told a delegate at the FT conference
that if buyers came in to push up the price of gold
to $310 or $320, Goldman Sachs would offer unlimited
amounts of gold paper to keep the price from going
higher>

Did he say this really??

DAK



To: pater tenebrarum who wrote (55640)7/4/2000 11:02:48 PM
From: long-gone  Read Replies (2) | Respond to of 116764
 
re: Jim Reilly, a partner in Goldman Sachs and top
commodity dog, told a delegate at the FT conference
that if buyers came in to push up the price of gold
to $310 or $320, Goldman Sachs would offer unlimited
amounts of gold paper to keep the price from going
higher

All,

Would they make such an open threat if they were not in trouble or at the edge of a BIG problem?