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


To: Enigma who wrote (57492)8/21/2000 7:21:45 AM
From: long-gone  Read Replies (1) | Respond to of 116762
 
conomics made easy

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Fed will not wind down the party yet

Charlotte Denny
Monday August 21, 2000

Are American interest rates likely to rise again this week?
America's central bank, the Federal Reserve, meets tomorrow, and under normal circumstances with inflation running at 3.5%, an interest rate increase would be on the cards. But circumstances are not normal; there is a presidential election in just over two months and many analysts think the Federal Reserve will hold fire until after polling day. ...
guardianunlimited.co.uk



To: Enigma who wrote (57492)8/21/2000 1:40:41 PM
From: Ken Benes  Read Replies (1) | Respond to of 116762
 
I remember when people would visit the sensational Bre x gold find and question why half the core samples were not saved for review, a standard practice. The answer, the nature of our gold is different, the crushing techniques utilized for sampling and testing required crushing the entire core sample. The analysts bought it, the miners bought it, and investors bought it. I subscribe the special nature of the business line used in your post is what makes gold producers unique. The nature of the business etc is the line of shit used to bs their way thru hype, mismanagement, and selling their souls to the bankers. An no one has bought into the line more than you have.

When I heard bre x use that line, I sold my entire position in the 250 range and never looked back. When I hear you use that line, nature of the business, it is apparent that you have so completely bought into the bs, that it would not surprise me to hear that you were one of the first purchases of internet hyped gold. That particular line is such a blatant bunch of bs that covers up a moribund management style that raises my dander like little else in the world of investing.

At various times, I have posted on some technology threads, however, I usually limit my participation to reading thru sites that represent an interesting company with a new technology. My purpose for posting here is to add a balanced view of the producers to counterveil some of the nonsense dispensed by you and others when explaining the dynamics of the gold industry and its unique nature.

Triple D, I have already offered up a little of my background, however, I did not expect you to remember any of it. I have learned that your ability for recollection is limited.

Ken