SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (74974)8/14/2001 10:35:27 AM
From: long-gone  Read Replies (1) | Respond to of 116770
 
OT(?)
ACCC to probe collusion in opal industry
Jun 28
Dow Jones Newswires

Claims that the Australian opal industry is being undermined by collusion among gem buyers are to be investigated by the consumer watchdog amid threats the international market for the semiprecious stone could be damaged, the Government said on Wednesday.

Officials warned that the international market for opals could dry up if supply cannot be maintained because of collusion and(cont)
afr.com



To: re3 who wrote (74974)8/14/2001 1:50:05 PM
From: Rarebird  Respond to of 116770
 
I'm not of that mindset. If I was, I wouldn't bother to invest or trade these markets on the long or short side. Ultimately, the fundamentals win out....

USD getting hit again today. As long as that continues, I wouldn't worry about the Gold Stocks.



To: re3 who wrote (74974)8/14/2001 4:16:17 PM
From: Rarebird  Respond to of 116770
 
There is a very high probability that the XAU will bust right through the 57 level tomorrow. I took additional long positions in a number of gold stocks within the last 5 minutes of trading today.