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


To: Fun-da-Mental#1 who wrote (57185)8/10/2000 1:29:16 PM
From: Ken Benes  Respond to of 116998
 
The relationship is gone because investors so distrust the gold producers because of the incompetency of their management teams. The situation will not change until the producers sever their relationship with the bullion bankers who have led them down a path of self destruction. Unless and until this happens the producers will offer little appreciation. In the short to medium term, it is unlikely that the pog will recover much with the expendable reserves of the producers sitting over the gold market along with cb sales and leases(largely guaranteed by the reserves of the producers).

Ken