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

To: Crimson Ghost who wrote (63393)2/5/2001 10:58:31 PM
From: Square_Dealings  Read Replies (1) | Respond to of 116798
 
George,

I don't follow too much what GATA is up to, but it does seem if all they accomplish is to inspire the gold miners to unite then maybe that will be the catalyst that starts a series of events to unfold.

In the end the mines control the flow of gold to the market and have the ultimate control as long as demand continues. I think demand will increase significantly should supply be disrupted.

M.



To: Crimson Ghost who wrote (63393)2/5/2001 11:23:54 PM
From: Abner Hosmer  Read Replies (1) | Respond to of 116798
 
I can't think of anything short of an oil embargo or an outbreak of war in Mid-East or Asia that would break the CB's hold on this market.



To: Crimson Ghost who wrote (63393)2/6/2001 6:34:29 AM
From: long-gone  Respond to of 116798
 
<<But as long as the CBs are willing to lend at 1% -- a sharp and sustained gold rally is extremely improbable >>

Until the last of their control is gone.


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