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

To: long-gone who wrote (72907)	7/6/2001 10:52:27 AM
From: Ken Benes	Read Replies (3) \| Respond to of 116760

What is going on here, gold up, xau down, lease rates down, are we being set up for new lows in the pog. Ken

To: long-gone who wrote (72907)	7/6/2001 3:32:58 PM
From: IngotWeTrust	Read Replies (4) \| Respond to of 116760

Richard, I must speak up. Your rudeness and one man crusade against Ken must either be stopped or at the very least taken private. Enough is enough. Ken's point about HM/ABX is spot on! I was one of the first way WAAAAAAAAAAAAY back when on this thread to point out that when the 2 minute warning bell in the gold game was finally rung, we would see consolidation in the gold companies, and that ABX would be the biggest vulture out there, bar none. This was proven in spade by the shameless crusade against Bre-X that bankrupted multiple investors and shareholders and still is rattling the gold world. Only trouble is, they were up against Freeport McMoran and Arin Jaya (sp) and overstepped their "territorial grab boundaries" imposed undoubtedly by the Rothschilds'...master chess judge. Intra-industry merges is the same modus operandi that is used in all sectors: oil, technology, internet, car mfg, drug mfg, cereal, tobacco, clothing, etc., etc., etc. Ken isn't to blame for calling this ABX/HM is all about hedging CORRECTLY. You are embarrassing yourself by your all too public tirade that has turned ugly, personal and is totally beneath you. Stop and think about it, Richard!!! Are you truly so invested in the "big bang theory that the price of gold will rally and put money in all goldbugs' pockets one glorious morn one day soon" that you can't think logically anymore? I spoke on this thread not 4 weeks ago and spoke of the CERTAINTY that the same Alan Greenspandex who never met a monetary check mate move he didn't love, had created an end-game scenario to let gold derivative paperhangers off the hook, rendering the big bank nothing more than a sparkler, and a wet one at that. CONSOLIDATION, i.e., buying mineable reserves is THAT way out of the derivative mess...always has been, always will be. That's why Standard Oil, Phillip Morris, Kellogg, Ford, May Department Stores, Citi-Corp, J.P. Morgan, you name the "paper hanger" and yes, ABX/HM consolidation is THE way out. Why can't you see that buying reserves, or oil production ( or... or... or...) is the way to INSTANTLY make gold-derivative hedging a manageable size again for someone the size of ABX's hedgebook? Wanna make a small side wager that Ashanti isn't also waiting in the wings to be gobbled up by #1 Anglo for example? The important things are these, Richard... *****Follow the printed (blueprint) program, also known as "watch the birdie" (consolidations are now du jour) *****THE TWO MINUTE BELL HAS RUNG IN THE BEAR GOLD MARKET (consolidations are now fait accompli) AND lay off of Ken Benes! He happens to be reading things clearly!!! Your friend.