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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Markham who wrote (266)	10/28/2000 3:06:32 PM
From: canuck-l-head	Read Replies (1) \| Respond to of 350

Michael: Of course it's a plot. You can be assured that the major banks and governments of the world are in on it. Imagine if they let the price of gold alone - the first while, the price would rise exhorbitantly. Folks like us would be glad to see it rise, and would dump our assets accordingly. But, you know, the governments have to protect people from themselves, and inevitably, the price of gold would start to fall back as the market became completely flooded. And that would mean some people would get stung, holding gold stocks that had reached what would amount to a never-to-be-attained-again-in-this-lifetime high. So what? But, you see, big brother has to protect mental midgets from themselves. In addition, I suspect that the Vatican, the European Banks and conglomerates around the world that hold a lot of gold are suppressing the price of gold because they want to get rid of their assets slowly. The European Banks agreed in September of 1999, after all, to sell off reserves slowly over 5 years (if I'm not mistaken). As such, they want to manipulate the price of gold for that long because, in the above-mentioned scenario, they would find themselves with too much gold in 4 years' time, worth less than it is now. www2.marketwatch.com{00125961-C078-4DB9-9275-FD981DA1D4CB} ca.us.biz.yahoo.com canuck-l-head

To: Michael Markham who wrote (266)	11/12/2000 8:17:21 PM
From: tyc:>	Respond to of 350

<<>I may be in some sort of denial but someone is keeping the price down, smells like some sort of plot to me. There was an article about currencies on Page 1 of the Globe and Mail this weekend, showing how they had all fallen this year against the US$ JY down 5.3% $C down 6.3% Sterling down 12.8% Euro down 16.1% A$ down 21% To this list we might add the price of Gold. It was $280 at the start of January and is $265 now.... down 5.6%. For most of the world gold is showing itself to be still a safe haven; perhaps a safer haven now than the high flying US$. Keep the faith ! There is no conspiracy. I see no reason to doubt that as and when other currencies recover against the US dollar gold will do so too !