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

To: long-gone who wrote (70765)	5/30/2001 1:26:01 PM
From: marek_wojna	Respond to of 116764

Looks like nobody wants to come with the real reasons for last days of falling POG, huge sales of the metal. And it is so simple. Federal Reserve is the one who orchestrated the move up and mass selling on the way down. The reasons are simple - they KNOW the real state of economy, they KNOW how the stock market is important for the psychological well being of Americans, they KNOW heads will be rolling in the coming crash, so they are lying about inflation, buying bubble they created, will do anything to discourage investors from gold and destroy free market.

To: long-gone who wrote (70765)	5/30/2001 1:49:45 PM
From: Greg Ford	Read Replies (1) \| Respond to of 116764

At least your posts are funny. Where is the logic though. Gold has once again demonstrated its inability to hold to price gains. The market got long and within one week we have seen a $30 move lower in gold. People do not have faith in the market because the fundamentals don't make sense yet. You guys that talk about Greenspan and short bullion banks ultimately believe what you want but what we need is less supply of gold. Hedgers will hedge so we need to see some marginal production shutdown for good. Look at Newmont their share price is still $21.00. We should see that move back to the $16 range over the next week as the long goldshare crowd throws in the towel. Greg