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

To: Ken Benes who wrote (58102)	9/12/2000 5:30:05 PM
From: Rarebird	Read Replies (2) \| Respond to of 116762

<Isn't it absolutely amazing...> 1)how the gold stocks continue to go down when oil goes up. 2)how the gold stocks continue to go down even when its nemesis, the NDX, goes down. 3)how the gold stocks often go down when the POG rises strongly. 4)how the gold stocks go down as the CRB rallies strongly. 5)how the gold stocks go down as other metals like Platnum, Palladium and Copper rally strongly. All that's left to put the final nail in the coffin is to have the gold stocks go down when the dollar eventually tanks someday. Pretty sad, I'd say. Where is the Love? PS Interesting Analysis of the NDX: Message 14371417

To: Ken Benes who wrote (58102)	9/12/2000 11:34:32 PM
From: PaulM	Respond to of 116762

<<isn't it absolutely amazing>> Right like the late 60's. A flat POG chart from that time period wouldn't have told you much about what would happen the following decade. Computers and derivatives have little to do with it, despite all the railing against "paper markets." "Paper markets" do divert some long money that would otherwise have gone into physical, thereby reducing real gold demand, but in the end it is the lack of physical demand and producer and central bank willingess to supply that determines the current price. The biggest single determinant of the increased physical producer supply and decreased demand is manipulation of currency exchange rates. Witness the "puzzling" low in the Aussie dollar and the pressure on the South African Rand. Witness the "unexplained" fall of in the Indian Rupee. Ken, if the money that entire nations are forced to live and work for are controlled for the benefit of the present financial system, then why does GATA think miners should get a hearing?