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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (2285)9/21/2001 12:24:23 PM
From: loantech  Read Replies (2) | Respond to of 4051
 
Russ and Claude,
Please give me your latest take on anatolia. the latest results and the political effects of location. I was thinking of just dumping it at a 10-20% profit after commissions paid and putting the $$$ into minefinders, bay or more than likely golden goliath or IMR.V. The stock just doesn't seem to be moving after the news release of several weeks back.???
Thanks to each of you for your help.



To: Claude Cormier who wrote (2285)9/21/2001 1:39:51 PM
From: russet  Read Replies (1) | Respond to of 4051
 
I would lean to the middle of the two numbers. The WGC are not trying to prove a case, they are looking at the numbers from many different angles (supply, demand, central banks, jewelry trade, investment etc.) and attempting to reconcile and explain those numbers. Because many rich and poor people, criminals, etc., seek to hide their wealth from others so they aren't subject to attack by thieves or the taxman, all the flows and depositories of gold will never be known. I think it is safe to say there is a lot more gold out there, and the flows are much greater than the published numbers suggest.

Gold displays characteristics of both a commodity, and the ultimate storehouse of wealth and currency. Because of the latter, the POG will be distorted by the current state of the human psyche,...we will continue to get radical swings causing bubbles and depressions of the price that would under normal circumstances be dictated by simple commodity supply and demand considerations.

Gold is contained in the human soul, so you will never be able to predict its behavior with much certainty (gggggggggggggggggg).