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


To: Rarebird who wrote (72327)6/25/2001 1:52:45 PM
From: long-gone  Respond to of 116801
 
<<I see the ABX acquisition of HM as an indicator that ABX sees the end of the Gold Bear and a potential steep drop in the value of the U.S. Dollar coming. That is to say, I think ABX is positioning itself accordingly here for the next bull market in Gold. >>

Never mind even talking to him, same as speaking to the brick wall. he'll never admit he was wrong from $252-current 270 range & is as likely to deny the bear has ended when gold has reached $6000 oz.



To: Rarebird who wrote (72327)6/25/2001 2:05:04 PM
From: Ken Benes  Read Replies (1) | Respond to of 116801
 
The truth is, barrick is better positioned for a continuation of low gold prices. Their complicated hedgebook raises considerable doubt of the impact of rising gold prices on their balance sheet. Barrick low share price is a testament to this.

Ken