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To: pater tenebrarum who wrote (56359)7/17/2000 2:42:30 PM
From: Rarebird  Read Replies (1) | Respond to of 116815
 
Harmony is a Class A Great Gold Company.



To: pater tenebrarum who wrote (56359)7/17/2000 3:16:07 PM
From: goldsheet  Read Replies (2) | Respond to of 116815
 
RE: Harmony

Harmony More Than Doubles Resource Base

"The company's resources increased from 121 million ounces in 1999 to 287 million ounces of gold. 27 million ounces fell in the reserve category."

biz.yahoo.com



To: pater tenebrarum who wrote (56359)7/17/2000 3:32:53 PM
From: Zardoz  Read Replies (1) | Respond to of 116815
 
nobody wants to buy those small gold rallies anymore.

Nobody really buys the rallies anyways. Since 1985 till Friday, gold and the XAU have NOT been well correlated. People here like to ASSume that the two go hand in hand higher, but they are wrong. Within Statistics, a 0.9+ correlation is considered dependable, whereas a 0.6-> 0.9 is considered invariant. So if you actually plot the correlation over the time frame of 1985 you'll see that the average correlation is actually 0.651 This value is FAR from a dependant variant. And as such one could say that the correlation is WEAK, if not non-existent. So, the rumour that XAU and POG are related is wrong.

members.home.net

OH, and before anyone suggests a correlation between GOLD and XAU Ratio... it's correlation is worse.

Hutch