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

To: lorne who wrote (75370)	8/21/2001 8:08:53 AM
From: lorne	Respond to of 116762

Philippines' gold output dips 1% in first half 2001. platts.com

To: lorne who wrote (75370)	8/21/2001 10:27:39 AM
From: PAUL ROBERTSON	Respond to of 116762

to this day i still do not understand why TRC persists in making this sort of tender offer. i guess they enjoy seeing their name everywhere or perhaps it is part of some sort of hedge position Sure is a lot of talk about the COT's and their positions. i believe these are the gold as a commodity positions and not gold as a currency position. This is why, i believe, the COT's are quite often wrong in gold when it comes to big moves {$100+} Fact is that the US buck is still way way over valued and gold investment demand would swamp anything that gets in its way. i think we are seeing investment demand in action now.