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

To: AC Flyer who wrote (69017)	5/10/2001 8:19:57 AM
From: long-gone	Respond to of 116764

Lower production - at the moment the shorts need it most? Two dead, five hurt in AngloGold mine rock fall 5/4/2001 5:46:00 AM JOHANNESBURG, May 4 (Reuters) - A rock fall killed two gold miners and injured five others at South Africa's Mponeng gold mine on Thursday, mine owner AngloGold (ANGJ) said on Friday. "The five injured employees are in stable condition and are receiving treatment at the Western Deep Levels hospital," the company said in a statement. A seismic event measuring 1.6 on the Richter scale caused the fall of rock about 2,176 metres below the surface. The accident is still being investigated, AngloGold said. REUTERS www2.marketwatch.com;

To: AC Flyer who wrote (69017)	5/10/2001 8:39:37 AM
From: russwinter	Read Replies (2) \| Respond to of 116764

Actually some of my prescience has to be based on SWAG, there is no other choice given everyone's inability to know what's going on behind the scenes day to day. That's why I hesitate to make short term market direction calls. I can only tell you I am big time long, and mostly in leveraged quality juniors. I think many seniors (your XAU question)are vulnerable and overpriced. Basically though you have some very stressed players involved in the immense short side of this market. My wife actually came up with the best analogy to describe the situation. She called it "Heritage USA", for Jim Bakker's attempt at "accelerated supply" and selling something you can never deliver. The gold market short sale and carry trade is the biggest Jim Bakker Heritage USA scam on the planet. I think those involved will meet a similar fate.