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To: Rarebird who wrote (56352)7/17/2000 2:36:28 PM
From: long-gone  Read Replies (1) | Respond to of 116815
 
I think before anyone is willing to step into the gold stocks it will take a $5+ run in the metal....



To: Rarebird who wrote (56352)7/17/2000 2:39:56 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 116815
 
that will take some time...nobody wants to buy those small gold rallies anymore.

Harmony (the most prominent non-hedger) had a blow-out quarter btw.



To: Rarebird who wrote (56352)7/17/2000 3:10:21 PM
From: goldsheet  Read Replies (1) | Respond to of 116815
 
> It would be nice if the gold stocks attracted some volume.

I need a little more "summer doldrums" to buy what I want at the prices I want to pay, before the "fall rally"



To: Rarebird who wrote (56352)7/17/2000 3:26:02 PM
From: long-gone  Read Replies (1) | Respond to of 116815
 
U.S.-CHINA RELATIONS
Dangerous Liaisons
A dispute between China and the United States over weapons proliferation is escalating fast. On this page: the U.S.-China trade bill at risk. Overleaf: China plays hardball
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By Murray Hiebert/WASHINGTON and Nayan Chanda/HONG KONG
Issue cover-dated July 20, 2000
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THE U.S. TRADE BILL on China is in trouble. More than six weeks after the House of Representatives approved a measure granting permanent normal trade relations to China, things have unexpectedly stalled in the Senate, where concern is mounting about the hidden threat of alleged Chinese arms proliferation. If Congress has not passed PNTR by the time China enters the World Trade Organization--possibly just months away--China will be able to deny U.S. businesses the right to benefit from market-entry concessions it made to enter the trade body. Thus with the Senate vote delayed and draft legislation for sanctions on China gathering pace, concern is growing that billions of dollars of U.S. trade and investment in China is at risk.
The blockage stems from claims by America's intelligence agencies that China has violated agreements aimed at preventing the spread of nuclear weapons. In a key determination last year, the National Intelligence Council found that Beijing had transferred complete nuclear-capable M-11 missiles to Pakistan in 1992 and 1993--a finding that, under U.S. laws, can impel sanctions.
(cont)
feer.com
U.S.-CHINA RELATIONS
Non-Proliferation
China's Perspective
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Susan V. Lawrence in BEIJING
Issue cover-dated July 20, 2000
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Observers of U.S.-China relations have for months been bracing for trouble over allegations of Chinese weapons transfers to Pakistan and Iran. Now, with those allegations threatening to delay a final vote on permanent normal trade relations with China, the trouble has arrived. Defusing it will not be easy.

The problem, analysts say, is that the environment in which China now makes arms-control decisions has changed profoundly since 1998, when Beijing made its last major concession to the United States on proliferation matters. China is now far warier of U.S. intentions toward it, and far more concerned about developments on Taiwan. In this new environment, China wants concessions from Washington before it makes any new concessions itself. But on the two security issues about which China cares most, arms sales to Taiwan and U.S. plans for the deployment of a national missile defence shield, the U.S. shows no sign of bowing to Chinese concerns.(cont)
feer.com