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

To: long-gone who wrote (70322)	5/25/2001 10:40:46 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116760

A tale of russian gold sales would have little impact on the pog if favorable fundamentals were present for the metal. The truth, regardless of the gata propaganda, supply still exceeds demand. If Veneresco is right and 16000 tonnes have been lent out, there remains an additonal 16000 tonnes in the central bank coffers available to the market. Additionally, the producers are still run by a bunch of acolytes, that have not grown out of their infantile pail and shovel stage of development. Voila, the pog range bound in the 260 to 275 range. Bring on the bourbon. Ken