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To: William JH who wrote (55721)7/5/2000 12:34:45 PM
From: Ken Benes  Respond to of 116770
 
And that scenario will continue as long as the producers keep on management teams that have an uncanny ability to mismanage the production of gold.

Ken



To: William JH who wrote (55721)7/5/2000 12:40:54 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 116770
 
yes, it's a bottomless pit. the ratio of the value of official US gold holdings to outstanding US currency is at a historic low point. it is possible that gold is an anachronism destined for the scrap heap of history...like buggy whips.

i don't really believe that, but it is a possibility.