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


To: Zardoz who wrote (86394)6/4/2002 11:16:02 AM
From: IngotWeTrust  Respond to of 116768
 
Thank you, thank you. <eom> (mini-grub)



To: Zardoz who wrote (86394)6/4/2002 11:25:39 AM
From: E. Charters  Respond to of 116768
 
But you missed the point of why the banks did these "favours" for Ahsanti. It is because the mine is so large and so important to the country, that they would if, the bank tried to foreclose, just ignore the banks as they are offshore. They could continue to operate, sell gold and pay the bank back at their liesure. It has more to do with nationalization of debt than economic models to depress the price of gold.



To: Zardoz who wrote (86394)6/4/2002 12:41:45 PM
From: long-gone  Read Replies (1) | Respond to of 116768
 
Remember my friend, prior to Clinton's 2nd term a gold price below $330 was the exception rather than the rule. Me thinks the rules are returning.