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

To: Jim McMannis who wrote (68989)	5/16/2001 10:19:13 AM
From: Ken Benes	Read Replies (3) \| Respond to of 116759

Another tick tock rally. Jim the forces that have been effecting gold for the past several years still exist. While some of the pressures have been muted, others are still in place. Consequently, any meaningful move in gold will be limited and short lived, it is only a matter of time. Whatever the total amount of gold that has been lent, there is still more available to put out fires. The producers are still being managed by the same team of people who helped sink the ship and can be counted on to undermine any rally once the price of gold approaches the 300.00 area and more importantly, the shaky equity markets do not need a surging gold price drawing dollars away from stocks. tick tock, tick tock, I can envision the producers sweating as to when they are going to pull the trigger. Ken