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To: Lucretius who wrote (108515)6/13/2001 3:07:14 PM
From: yard_man  Respond to of 436258
 
80Y/Dollar??

What's the drug of choice over there? <vbg>



To: Lucretius who wrote (108515)6/13/2001 3:17:52 PM
From: pater tenebrarum  Respond to of 436258
 
i know Jipangu's been snapping up mining shares left and right...the Japanese also had a hand in the '93 run. the nice thing about the gold market is that it is both small and full of lopsided (bearish) positions...it won't take much money to move it.



To: Lucretius who wrote (108515)6/13/2001 3:26:14 PM
From: Ilaine  Read Replies (3) | Respond to of 436258
 
>>"When U.S. stocks crashed in 1929, prices of gold and shares in gold mining companies soared, and the same
thing is about to happen again," he said.<<

Curious assertion. Not true about the price of gold, at least not in the US, it was set by law, at about $20/ounce. In 1934, Roosevelt raised the price to $35/ounce in hopes of inflating the economy out of depression.

Which gold mining companies were trading back then?



To: Lucretius who wrote (108515)6/13/2001 3:53:25 PM
From: Earlie  Read Replies (1) | Respond to of 436258
 
Luc:

This guy been reading my posts? (g)

Best, Earlie



To: Lucretius who wrote (108515)6/13/2001 4:14:31 PM
From: Box-By-The-Riviera™  Respond to of 436258
 
Whew!

what do i do!!



To: Lucretius who wrote (108515)6/14/2001 1:04:16 PM
From: Fun-da-Mental#1  Respond to of 436258
 
Luc, thanks for posting that article on Jipangu. Some cool picks in there (esp. Cambior).

Thanks also to Heinz for recommending PDG at the low a few months ago.

Fun-da-Mental