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

To: Alex who wrote (60431)	11/2/2000 9:57:20 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116770

Your posts are a good barometer of the state of the gold industry. Each piece of information you provide indicates gold being pressured on many fronts, producer hedging, central bank sales, and the relative values of currencies. With the global economy so intertwined and dependent on the US financial system, the bankers and central banks of the industrialized nations have no choice other than to support the dollar and the US markets. The stakes are so high, I believe little will change other than a continuing erosion in the pog as investor view an opportunity for profits in the current environment as not very good. With gold contained, an illusion of health pervades the global economy in spite of the pressures that are evident on the banking systems of the world and the respective currencies of the industrialized countries. Ken

To: Alex who wrote (60431)	11/3/2000 3:55:56 PM
From: Alex	Read Replies (2) \| Respond to of 116770

Can't we all just get along? :)

To: Alex who wrote (60431)	11/4/2000 12:51:57 AM
From: PaulM	Read Replies (1) \| Respond to of 116770

Hi Alex. What are you thinking these days? From a big picture perspective, I think that confusious sounding ANOTHER was right. Don't you think? have avoided the miners--in fact any stock--for three years now. not sorry either. it's gold, silver, short term securities and cash for me. (realizing that the cash will eventually be worthless). Wish I had a can so I can bury it in the back yard. P.S. Sell any miners you still have on the next gold rally, before greenspan and summers subdue it. Put the proceeds in the above, because gold can only stay exceedingly low, or explode, wich means the miners lose either way, sorry--that's the way I see it--JMO.