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


To: Zardoz who wrote (56589)7/20/2000 2:13:18 PM
From: goldsheet  Respond to of 116836
 
> Oh man, you don't want to be doing that <grin>. Your sarcasim is not nearly as good as mine is.

Sorry, I thought if I could kid anyone, it would be you.
Historically, you have been pretty tolerant of my posts and warped sense of humor.

> At least I aint loosing money on gold stocks. <ho-ha>

Me neither, dumped most of my ABX at 19.25, but still holding a little (best performer in the XAU, as you say)
Looking for the right place and price to get back in, but I have successfully waited, so far. Patience .......

P.S. Great chart of NEM "free fall" since May 4th
goldsheet.simplenet.com



To: Zardoz who wrote (56589)7/20/2000 3:22:20 PM
From: goldsnow  Respond to of 116836
 
Top Financial News
Thu, 20 Jul 2000, 3:16pm EDT

Dollar Has Biggest Loss in 3 Wks; U.S. Rate Premium
May Narrow
By Mark Tannenbaum

New York, July 20 (Bloomberg) -- The dollar suffered its biggest loss in three
weeks against the euro after Federal Reserve Chairman Alan Greenspan told
Congress the U.S. economy is slowing, suggesting the Fed may soon be
through raising interest rates.

U.S. stocks and bonds rallied, yet the currency sank on speculation the
premium offered on dollar deposits will narrow, giving overseas investors less
incentive to channel funds into U.S. financial assets.

``The day (foreigners) don't want to hold those assets, then the dollar will not be
firm,'' said Michael McGuinness, chief dealer at American Express Bank

quote.bloomberg.com PS This day is very near, right? No grin.



To: Zardoz who wrote (56589)7/25/2000 9:33:47 AM
From: long-gone  Respond to of 116836
 
A bit early or not?
kitco.com