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To: yard_man who wrote (103351)5/18/2001 6:15:57 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
Disregard, it's all "technical buying":

quote.bloomberg.com

``The funds are tripping over themselves to buy'' gold, said Donald Eckert, head of precious metals trading at J.P. Morgan Chase & Co. in New York. ``I would have to say a lot of this is technical.''

I guess we can disregard the bear market of the last 20 years as well, since it was all technical due to those nasty, widows- and-orphan-killing short sellers!<G>



To: yard_man who wrote (103351)5/21/2001 10:50:00 AM
From: pater tenebrarum  Respond to of 436258
 
as far as i know they plan to invest into mining stocks outside of South Africa. have recently amended their statutes to that effect.