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

To: Alex who wrote (57164)	8/9/2000 6:53:35 PM
From: Ken Benes	Respond to of 116995

Alex: You have a way with posting an interesting piece of information. This one is no exception. Again, the article succinctly places the blame on the producers, and the bankers. The irony of the article, the producers are selling their precious reserves at a discount and if and when the price does rise, the miners will have less gold to offer for a higher price. As I have said, the modern miner is little more than a three year old with a pail and a shovel. The other day, I saw a young boy on the beach with his tools and inside of know time he moved a mountain of sand, created a lake, a dike, and assorted other features. I thought a miner in the making. Now if we can only teach these future miners some economics, the gold industry may have hope. As for the current batch, pathetically, they are beyond learning and will continue to bulldoze along selling their valuable asset at a discount. They are happier looking at a pile of dirt or a huge hole in the ground than a pile of money. Keep up the good work. Ken