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

To: teevee who wrote (65755)	3/14/2001 6:37:56 PM
From: Edmund Lee	Read Replies (1) \| Respond to of 116897

You are 100 percent correct for the people of G-7 countries. But for people of number 8 to number over 100. Gold is the most reliable asset they can hang on. Tell your theory to the Turkish people now and you get stoned.

To: teevee who wrote (65755)	3/14/2001 6:55:03 PM
From: scotty	Read Replies (2) \| Respond to of 116897

You are missing out on some great moves. NEM is an excellent trading vehicle. Heck, one can make 100% a year on a couple of NEM jackpots. Gold is dead? Sounds like a buy signal.

To: teevee who wrote (65755)	3/14/2001 11:45:40 PM
From: long-gone	Respond to of 116897

<<. The "bottom line" is that the central banks are the market makers for the price of gold and the POG is where it is for only that very reason. That is why I don't own "gold only" stocks or the metal in any form be it coins or bullion.>> Then how do you account for the movements in PoG prior to the last 4 years?

To: teevee who wrote (65755)	3/15/2001 12:40:22 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 116897

<The "bottom line" is that the central banks are the market makers for the price of gold and the POG is where it is for only that very reason. > IMO, the MM of the gold market are not the Central banks but rather the large banks (or their bullion division). They are the ones who control the leasing of the gold from the CB's and the subsequent dumping on the market. The small sales by CB are a drop in the bucket compared to the zillions tons manipulated by the banks.