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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (1218)	10/29/2000 1:21:29 PM
From: Robert J Mullenbach	Read Replies (2) \| Respond to of 1612

Weekend Gossip in Gold Market and mention of AEM . NY Tightens Death Grip on Spot POG This report is the latest addition to a series that I have published on the GOLD-EAGLE Site. For over 9 months I have documented the conflict between rising prices overseas and their cancellation by selling on the NY spot market. Overseas investors in physical gold have done quite well this year versus their own currencies. For example, gold is about at its year 2000 high vs the D-Mark, at an all time high in terms of the Euro and at its highest level in 5 years vs the Australian dollar. U.S. investors have not fared so well vs the super strong dollar. The dollar price of gold has in fact gone down about $20/oz since the start of 2000. gold-eagle.com XXXXXXXXXXXXXXXXXXXXXXX Einstein, Gold, and the Dollar gold-eagle.com XXXXXXXXXXXXXXXXXX gold-eagle.com Place Domer president and chief operating office, Jay Taylor, has reaffirmed the group's commitment to hedging despite announcing earlier this year a 2 million ounce reduction in its forward sales. Mr. Taylor says he is not a conspiracy theorist. Jay Taylor is either a liar or a moron. We strongly recommend the sale of Placer Dome and the purchase of Agnico Eagle, AEM, with the proceeds. Mr. Taylor's investors have lost enough money with Placer Dome's poor management. While you are at it sell Barrick, which is just above its all time low. Their profits mostly come from hedging, which is effected through Barrick International Bank in Barbados, where their tax rate is 14%, not 25% as it is in Canada. Barrick is also a tax cheat and they continue to increase their gold short positions. We don't understand why the Canadian government hasn't taken action to neutralize this fraud. XXXXXXXXXXXXXXX With new PR from AEM to confirm new production, I sure am not selling, Long term insurance policy, AEM. !!!!