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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 (1267)12/3/2000 2:47:31 PM
From: Cumbrian  Respond to of 1612
 
"When short covering time comes there will be some very unhappy people, especially if its preceded by an increase in gold reserves by the ECB from 15 to 20%."
------------------snip--------------------
I thought the EUs' stated position was they intended to lower their gold reserves not increase them? Am I mistaken on this point?

Cumbrian.



To: Robert J Mullenbach who wrote (1267)12/3/2000 11:02:33 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 1612
 
At 8:30 CST, gold is up once again $1 at $269.50. Who
knows where it will be when the Goldman Sachs
henchman get on the case?

What I am fairly sure of is that they are having
their last hurrah with gold. The Gold Cartel is
in big trouble. They are petrified to even let gold rally
$5 and take out the spec shorts like they did the
past few years. One day in the near future, the price
of gold is going to explode for no apparent reason
and Goldman Sachs is going to have some explaining
to do to a good many people.

Le Metropole Members,

As you know, Midas du Metropole has long been calling
for Nasdaq 2000 before Nasdaq 4000. The next Nasdaq
leg down will continue to put the pressure on the
bullion banks in the Gold Cartel.