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


To: John Paquet who wrote (58619)9/21/2000 4:38:09 PM
From: Ken Benes  Read Replies (1) | Respond to of 116762
 
XAU closing: 49.39. A bit of a rally at the end of the day.
I believe the bankers have all their gun barrels loaded and ready to fire at the market. They cannot take any chances that the high oil prices will be exacerbated by a rise in the pog. If I am correct, the xau should continue to reflect the stupor of the producers(small percentage rally at best), being ineffectual working the gold market to their benefit.

Ken