Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zardoz who wrote (70032)	5/22/2001 6:36:04 PM
From: teevee	Read Replies (3) \| Respond to of 116927

Hutch, If its over, why would CSFB buy Noranda's stock position in Newmont for C$260 million? biz.yahoo.com Seems like a big wager on the POG going up to me? teevee

To: Zardoz who wrote (70032)	5/22/2001 6:37:41 PM
From: long-gone	Respond to of 116927

Gold Is Back - Investors Return To Haven Elizabeth Piper 5-21-1 LONDON (Reuters) - Gold was back in business on Monday, racing to 11-month highs after investors fled back to the once-loved safe haven of bullion buying, traders said. Copper also forged higher but was overshadowed by gold's rally -- prompted by a series of U.S. interest rate cuts that had begun to raise fears of inflation. Sugar futures soared to their highest level in just under seven months on speculative buying, while other soft commodities traded in London eased back on low volume. BACK INTO BULLION Investors across the globe sought refuge from inflation jitters, pushing the gold price (cont) sightings.com

To: Zardoz who wrote (70032)	5/22/2001 6:46:07 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 116927

>> By Friday, it's over. << It's not like we don't expect consolidation/corrections after a run like this. June options predict that NEM will stablize around 20, not that it'll go back to old lows. Based on your bearishness in the past I'm assuming you think it was another false rally. I still maintain it was the start of a new bull. By early/mid July we'll start the next leg up imho.