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

To: lorne who wrote (61309)	11/25/2000 8:56:49 AM
From: lorne	Respond to of 116759

Placer gold in Russia enough for 10-15 years of mining BBC Monitoring Service - United Kingdom, Nov 24, 2000 Moscow, 24th November:" Placer gold in Russia is enough for gold output of 60-70 tonnes a year over 10-15 years, Deputy Minister of Natural Resources Ivan Glumov told on Friday an enlarged meeting of the board of the coordination council for the assistance to domestic manufacturers on problems of Russia's raw material safety in the 21st century. " Full story >>> search.ft.com

To: lorne who wrote (61309)	11/25/2000 7:15:16 PM
From: d:oug	Respond to of 116759

"...ideal market for gold bugs, but... if gold can’t do well now, when will it do well?" "... is a fall in the U.S. dollar. Until that happens..." To the question "Can the US dollar never fall" might require for a yes answer, that it remain the world's standard and the Euro either fall more than the current 0.85 level and obtain a status or final outcome that it does not replace the currencies of those nations but used only as an exchange rate type function with any coins minted going to those like Bob Johnson's collection. Might be good to list the US dollars strengths & weakness. But first the US dollar has to give the euro a knock out punch and not let it go into a corner and wait for the us dollar to trip and fall and have that window to cry out "I'm still here." Anyone know of anything unseened or rumored that will plot the euro's placement into a zone where it cannot be reconized for example how oil is priced in world markets. Even if the us dollar is build on a house of cards, with hot and phony and rubin papers, if there is no other choice on the bench to replace it, then the us dollar can collapse and take all rest with it, but it will still be on top of that crumbled pile of crap. The us dollar has to prevent the euro as a competition. Sounds like good old fashion American Capitalism NOT. doug