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

To: Crimson Ghost who wrote (70560)	5/28/2001 8:27:05 PM
From: robnhood	Read Replies (1) \| Respond to of 116753

I'll stick my 1 cents worth in here. The GATA thing I agree with. Even if they are right I don't think it means much. If, and that's a big if, the people lose faith in paper money, and/or get really excited about owning gold, the price could soar. There was no shortage of dot coms either. Like most fads, it's a perception thing.

To: Crimson Ghost who wrote (70560)	5/28/2001 10:13:08 PM
From: russwinter	Read Replies (1) \| Respond to of 116753

<take on this extremely negative gold post by Zeev Head > George, I guess what gets me about this is that a guy can just matter of factly state that 20,000 tonnes of CB gold is just itching to be sold without citing any rhyme or reason to his claim. In truth of fact, there is an agreement (WAG)in place even if they were so inclined (which only a few are). Or just dismiss the bull case as nothing more than GATA conspiracy claims (I've never said it was). At least a contributor like Bob Johnson (who appears lukewarm to gold) thinks about it, studies it, and debates it in a factual manner, but Zeev's (and apparently many others) cursory dismissal of a precious metal with thousands of year of history behind it, just annoys me to no end. For example, for a .05 oz deposit to be economical today every other facet: recovery, stripping, tonnage would have to be perfect. Those are rare, and the guy acts like it's commonplace. And what does he base his "rapid" new supply at 350 on? Just to explore for it will take a whole four or five year cycle, and old high cost mines aren't free to restart.

To: Crimson Ghost who wrote (70560)	5/28/2001 10:27:46 PM
From: Square_Dealings	Read Replies (2) \| Respond to of 116753

< but because technology has lowered the cost of gold extraction and at that price, even low grades (less than .05 ounces per tonnes) are "mineable". > Sounds like Zev is one of those in denial that there's a power crisis (cost of mining is free), and people are going to continue to work for worthless stock options indefinitely. M.

To: Crimson Ghost who wrote (70560)	5/28/2001 11:01:37 PM
From: d:oug	Read Replies (2) \| Respond to of 116753

"... on this extremely negative gold post by Zeev Hed from Steve's Channeling thread... To me this shows that the anti-gold mantra has become a secular religion with some people." George S. Cole ... Syd, forget about GATA, they are a bunch of whining guys and their conspiracy theories are laughable. They do not see the simple truth, there are 20,000 tonnes of gold overhead supply..... From: russwinter ... just annoys me to no end..... From: michael finsterwald ... is one of those in denial..... From: Doug AK ... if in the weeks and months before 2002 arrives the claimants of gata land obtain verification and what they have said is shown to have been true and Zeev's comments become "off the mark" then might one ask Zeev to identify the How & Why person place things that caused his conclusions to take the path taken? Yes, one could ask Zeev. Does it seem do'able for Zeev to take the steps needed for an answer? Yes Would Zeev be successful? No Why? First: Zeev's steps would not be on the correct path. Second: By error or chance Zeev's steps were on the correct path, upon first touch it will be with-drawn like a finger's contact with fire. Third: The correct path has an off-limits, felt but not seened. Knowned, but not Understood. dougak - just an opinion, not a personal attack