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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Phil Jones who wrote (13933)10/20/2000 12:29:50 PM
From: Richnorth  Read Replies (1) | Respond to of 14627
 
You wrote:

The POG seems very very stable at the $270 range. Even the Mid-East flare-up moved it up hardly at all.

Well, the POG did rise for a couple of days during the ME crisis. But, as usual, it was manipulated down. Just how long this manipulation mania is to continue is anybody's guess. But they say that market forces will not be denied. Let's hope this will be in our lifetime.

Don't forget that the manipulators would love to have more and more converts to the view that gold is a commodity.



To: Phil Jones who wrote (13933)10/20/2000 2:02:54 PM
From: Bill Jackson  Respond to of 14627
 
Phil, Gold gets more and more commoditised as time goes by. Once it is fully commoditised and they sell all the central bank gold, then gold will go up in response to demand.This will taje 10 years.
If they fail to commoditise gold. it could go anytime.

Bill


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