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

To: pater tenebrarum who wrote (55658)	7/3/2000 7:27:58 PM
From: d:oug	Read Replies (1) \| Respond to of 116972

hb, (1) thanks, a good short reply (2) 3 minute warning (3) cnbc say what??? (1) i would like to add that i remember an article at the le metropole cafe that suggested that a lot of this paper gold may indeed be backed with real 100% physical gold...as in "... what will the citizens of these countries do once they realize that the gold stored, as in usa fort knox, is now legally required to be tansfered to those holding certain paper gold. (2) 2 minute warning - est boston cnn crossfire has Ralph Nader of Green Party.... i dig this guy eventhought he does a lot of damage, his pluses outweigh his minuses (3) CNBC say usa has credit + debt of dangeous character doug

To: pater tenebrarum who wrote (55658)	7/3/2000 9:04:32 PM
From: Sunny Jim	Read Replies (2) \| Respond to of 116972

heinz, thanks for the explanation - always a help. <<the longer gold stays tame, the bigger the leasing pyramid gets, and the more likely it becomes that it will one day implode>> there have to be some real idiots entering leasing contracts at this time. in the stock market one can rationalize why people keep inflating the bubble...the total capitalazion of the market is rather huge, and the bubble will deflate sometime, but it can easily continue to get bigger before that happens. however, in the gold market, the amount of bubble (leased gold) relative to the gold market size is astronomical...much easier for the bubble to pop big time anytime. question is - what will be the pin prick that pops the bubble?