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To: isopatch who wrote (91084)	5/22/2001 3:26:29 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

Thanks Isopatch, now instead of working, you guys have me looking at charts all day :) With the strength in the O&G group do you think we have a $285 floor price for gold? Regards Frank P.

To: isopatch who wrote (91084)	5/22/2001 3:35:48 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

isopatch, Don't know if this was posted, but of interest for both colors of gold: worldtribune.com Mubarak calls Bush with war alert SPECIAL TO WORLD TRIBUNE.COM Tuesday, May 22, 2001 CAIRO — Egyptian President Hosni Mubarak is again warning that the Middle East is sliding toward war. "The situation is deteriorating in a serious manner and will get more complicated," Mubarak said. "I fear it might reach a point of no return." Mubarak has telephoned President George Bush to discuss the latest violence in the region. U.S. angered by attack on Palestinian security chief Over the weekend, the Egyptian president also telephoned French President Jacques Chirac, German Chancellor Gerhard Schroeder and Russian President Vladimir Putin, Middle East Newsline reported. Mubarak said Israel's response to Palestinian mortar attacks is excessive and escalating tension. It was the latest warning by the Egyptian president that the Middle East is heading toward war. The Egyptian president said that such a war will harm U.S. and Western interests in the Middle East. He said Israel's use of F-16 warplanes in bombing Palestinian Authority security installations on Friday marked a major escalation in the war. What is happening will lead to a catastrophe and harm the interests of foreign powers in the region. The West and the United States have interests in the region." Mubarak said he was stunned by Israel's use of the F-16 multi-role fighters. Egypt has more than 200 such aircraft. "When I heard that, I thought: it's not possible, it must be a mistake," Mubarak said. "And I checked to make sure F-16's had indeed been used." In Damascus, Syrian Vice President Abdul Halim Khaddam warned Israel of retaliation for any renewed attacks by the Jewish state. Khaddam said Israel realizes that an attack against any Arab country will result in a "strong and costly response" and could prompt a regional conflict. In Jerusalem, Israeli Defense Minister Binyamin Ben-Eliezer threatened to attack Syrian targets in retaliation for Hizbullah strikes agains the Jewish state. Once again, Ben-Eliezer addressed Syrian President Bashar Assad. "We will continue to fire on Bashar Assad and his troops in Lebanon if we are attacked," Ben-Eliezer said. "Syria is the real boss in Lebanon and it authorizes the transfer of weapons to Hizbullah." Mubarak also said, however, that his country will support peace efforts. This includes support of the Egyptian-Jordanian plan to end the Israeli-Palestinian war and resume peace talks. Israel's military continued to pound PA positions overnight Monday. These included a suspected mortar factory in Gaza as well as PA installations in Ramallah. In one attack, the daughter of PA security chief Jibril Rajoub was injured. On Monday, Palestinian sources said two combatants from PA Chairman Yasser Arafat's Fatah movement were killed as they were on their way to placing a bomb near an Israeli installation. This, as Israeli security officials are said to be preparing for Arafat's ouster. Israeli sources said Arafat's regime is teetering toward collapse and Arafat might choose to flee into exile. In Washington, the American-Arab Anti-Discrimination Committee again called on the Bush administration to stop weapons shipments to Israel. The group said Israel's use of the F-16 against PA targets violated U.S. law. "Instead of standing against efforts aiming at protecting the Palestinians, the U.S. administration should rather lead these efforts as it is the key source of these weapons to Israel," the group said. U.S. Vice President Richard Cheney expressed concern over Israel's use of F-16s against the Palestinians. But Cheney refused to say what the United States would do should Israel continue to deploy the U.S.-made aircraft. **** I continue to hope for peace for the Middle East, but realize it is a hope that seems against the odds. Best Regards, Roebear

To: isopatch who wrote (91084)	5/22/2001 4:57:44 PM
From: rails99	Read Replies (1) \| Respond to of 95453

Iso: OT/ Gold/silver. You still all long term or did you sell a little? I am holding for the long term and not trading/selling much at all. Slider may not think I did right, perhaps you, too! But I think the funds will have to pay well for my metal shares, not giving it to them at this price. Maybe frugal investing is stupid investing cause I know I am probably wrong here, as is often typical for me. Read a piece about how IMF thinks Europeans are holding up the dollar with inflows from Europe to US markets (not bonds either). That all will stop one of these days and that is when buy and hold gold/silver will pay us good returns. A guy on kitco discussion group (Nick@C)reminds all that patience is a true profitable virtue to practice. I tend to have to remind myself to not trade so damn much, so I did not sell. Well I did sell HM and bot more CDE today. My reading leads me to believe that silver may pay well by October; perhaps even more, than the yellow may yield to us. Would not it be just great for the NAZ to just skyrocket here or what? The bigger they are, the harder they fall. Hope all is well; Rails