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


To: Alex who wrote (58679)9/22/2000 10:11:35 AM
From: Ken Benes  Read Replies (3) | Respond to of 116759
 
Gold up 4.10, XAU up .64. Barrick gaps up and gives up half of the gain in minutes. Investors realize the producers are not friendly to a rally in gold and will side with the forces looking to contain any rally in the pog. The producers still do not realize that the shareholders own the company not the bankers.

Ken



To: Alex who wrote (58679)9/22/2000 10:52:15 AM
From: goldsheet  Respond to of 116759
 
<Colburn said that while SA had a large percentage of the world's underground reserves of gold — about 4-million ounces — >

Caught an error in the above press release.
I'm sure it/he meant to say the Reserve Bank hold 4 million ounces.
RSA gold reserves are 250+ million ounces, with additional resources of about 700+ million ounces.



To: Alex who wrote (58679)9/22/2000 12:38:02 PM
From: John Paquet  Read Replies (1) | Respond to of 116759
 
We need major gold producer do a run of consorted efforts by not selling gold as Trseaury Secreatry Summer who must read posts on this thread to stop US dollar slide, otherwise we would have seen a "BLACK FRIDAY OF SPTEMBER Y@K"
Currency Traders will re-test this CB concorted efforts beside there is a G-7 meeting this weekend.

Gold did not move up limited or $25 a day and DOW did not go down -600, as Summer made a wonderful statement. <<<<ggggggg>>>> I should not post this warning for him to read you see.

John Paquet