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


To: Alex who wrote (58146)9/14/2000 10:12:37 AM
From: Ken Benes  Read Replies (1) | Respond to of 116759
 
The best evidence to date that the pog is being controlled. The price range of gold these past several weeks is bizarre, no volume within a range limited to several dollars +/-. Traders, speculators, investors, are unwilling to commit funds to a sector that is being micro managed. The producers are floundering as badly as ever within this environment and are solely in need of some new blood at the top management levels. The alternative: bankruptcy, consolidation, with the inevitable reduction in production. The markets will force the producers to make the changers that their managers are incapable of doing.

Ken