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

To: Enigma who wrote (76420)9/14/2001 9:35:21 AM
From: long-gone  Read Replies (1) | Respond to of 116753
 
Another from Wall Street was just on air, saying all he wanted after the next several days of trading was to simply break even. How many mining firms would love to simply break even? What they sow so will they reap? Should firms which will show a lesser profit(or even a loss) have their stock price supported?Where was the like loyalty for the US gold mining firms? Why have the bankers so long enjoyed protected naked short positions? Will,it be allowed to continue?



To: Enigma who wrote (76420)9/14/2001 2:10:53 PM
From: John Graybill  Read Replies (1) | Respond to of 116753
 
The BOE auctions have always been oversubscribed by a many-X factor. I suppose it's true that the constant oversubscription factor shows that there is more demand than "the market" suggests, but it's also true that that indicator never "worked" in foretelling a decent rise in gold.

I don't know why they don't just raise the price to get that bid factor closer to 1.0.


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