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

To: Crimson Ghost who wrote (65082)	3/7/2001 7:22:54 PM
From: goldsheet	Read Replies (1) \| Respond to of 116741

<If they want to get rid of the gold so bad, why don't they just auction it all off at one fell swoop? But that would leave them with no leverage to depress the yellow moving forward. > This goes back to my previous proposal that all central banks should sell all of their gold, which would eliminate their ability to affect the markets in the future.

To: Crimson Ghost who wrote (65082)	3/7/2001 8:03:28 PM
From: Rarebird	Read Replies (1) \| Respond to of 116741

George, I'm not exactly very fond of the BOE either. But a projected Fed Funds Rate of 2.5%-3% is very bullish for Gold Stocks and Gold. No economic turnaround in high tech land this year. No recovery in growth.

To: Crimson Ghost who wrote (65082)	3/8/2001 6:45:39 AM
From: long-gone	Read Replies (1) \| Respond to of 116741

<<But that would leave them with no leverage to depress the yellow moving forward. >> all of the liberal governments of Europe have but one goal, make the E.U. and the Euro successful - no matter the cost to anything, any group, any nation, anyone or any freedom. Their final goal is nothing less than One World Government (semi-parliamentary socialism) and a setting of pricing and values for everything by governmental regulation, with a stopping point of 3 world currency zones.

To: Crimson Ghost who wrote (65082)	3/8/2001 8:30:23 AM
From: russwinter	Read Replies (3) \| Respond to of 116741

The BOE is soon to be a non-player in the gold market. They are ramping down their sales, and certainly everything else they possess (which is less and less)has been leased. They are overrated in terms of impact. The big entity is the Swiss, and they seem to go about their business in an orderly fashion. CB sales are not that big of a factor, the WAG seems quite intact. Right now it is speculative shorts and carry trades that weigh on the market, and those players days are numbered. Even the relative amount of hedging is in gradual decline as is production. I've been at this investing game for over 25 years, and have seen few situations more bullish in terms of fundamentals and technicals. There is an incredible amount of combustible fuel and soaked rags lying around in the store room. Investors are also not paying attention to outstanding results in the exploration industry. I guess it is my private little secret, but let's look at the case of Metallica (MR), a stock on my portfolio list (posted earlier). Tiny little market cap, and half of a deposit that will likely be produced at 300 POG. On Monday afternoon the stock was trading in the high 20's and announced two incredible drill holes at a second property (El Moro)in Chile. I was drooling and all lathered up. But, since there is no trading market in these stocks, I wondered how the price would respond. Surely, I thought you guys would be all over this one. Upon checking the price before the open I saw plenty of stock offered at 29 cents. Thinking it wouldn't be there long, I entered a good size order anyway. Sure enough they filled it at 29 cents. Stock is 75 cents now. That's the easiest 25K I've made in some time. Come on everybody, get your heads out of your asses! This is happening all too frequently right now. If you have even elementary knowledge about deposits, what's so tough about analyzing this one? ca.us.biz.yahoo.com