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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (13297)	5/26/2002 10:34:52 PM
From: russet	Read Replies (1) \| Respond to of 36161

Before US$1500 they will start taking gold out of seawater over vents at a profit. At $US800 thousands of gold projects will be economic. The pendulum is swinging.

To: Frank Pembleton who wrote (13297)	5/27/2002 7:04:37 AM
From: Louis V. Lambrecht	Read Replies (2) \| Respond to of 36161

Frank - IC where I disagree. I have a lower target for the Dow C:\My Documents\My Site\charts\20011012\dow.html O'Higgins is an optimist. ROFL. Link to his article has expired. Was there more to read? For the banlance, mips1.net Andy Smith, analyst at Mitsui Global Precious Metals sees $68 mainly based on the LBMA market statistics. True for the LBMA, but open interest on Comex is rising. This mips1.net is bullish but cites the risk that bullion markets might be closed by governments and central banks return to setting gold prices. If memory is correct, the dream of central bankers would be to have a "super Euro" system with fixed rates. Still a mess, faites vos jeux, $68 or $6000, or anything in between. <vbg>