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


To: long-gone who wrote (76586)9/15/2001 5:27:49 PM
From: lorne  Read Replies (1) | Respond to of 116753
 
Ya think they are maybe short a few bars :-)
BARRON'S: Commodities Corner -- Gold's Brief Surge.
Despite Attack, The Metal's Outlook Isn't Bright
By Cheryl Strauss Einhorn.

" Here too, gold prices did not hold their gains -- nor should investors have necessarily expected them to as all other markets took stock. "The belief that gold always soars in times of crises is a misconception," contends Rhona O'Connell, an analyst at the World Gold Council in London. "Its role as a hedge against risk means that it tends to be bought in anticipation of a problem and then sold, if necessary, if and when such a crisis materializes."
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