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

To: Alex who wrote (57564)	8/22/2000 9:54:52 PM
From: d:oug	Respond to of 116764

Add to this Murphy's Law and YES ... no one is really sure where Debby will end up, Flynn said. The storm season, coupled with the latest crude supply data, should provide good support for the market on Wednesday, he said.

To: Alex who wrote (57564)	8/23/2000 12:36:20 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 116764

Does a "Black Gold" crisis cause a "Yellow Gold" rally ? ...imagine what happens when OPEC finally announces they do not have the capacity needed to bring equilibrium to the oil markets & then; Saddam & Iraq - become the real "swing" producer with near "Extortion" ability right into the US Presidential elections. Saddam; could trigger an immediate spike thru $40; with $50 crude not unrealistic. I think we all know what $40, to $50 crude would do to the markets & what type of flight to safety & fundamental inflationary pressure that would inject into our "food & energy" don't matter economy. ...and people were wondering what type of Global Event could cause an immediate short covering crisis for all those greedy pigs who rode the Gold Carry Trade & short derivates as a "Long Term Capital-esque Free Money" play ? Ride Black Gold to new highs - take the money & rotate to un-hedged Yellow Gold producers & short the NAZ bubble; it's that simple (VBG).