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To: megazoo who wrote (171687)6/10/2002 8:28:17 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Doubtful...NEM was stronger than most of the others, besides his point was that at current costs of production, prices can't be maintained below 350 (if they are, marginal producers will go out of business and reduce supply, forcing prices up to that level). None of that is news.



To: megazoo who wrote (171687)6/10/2002 11:08:09 PM
From: B.REVERE  Respond to of 436258
 
No, supposedly Russia sold 40 million tons last month.
They are not part of the '99 Washington agreement limiting
gold sales until 2004. Who knows if this true but whenever the cabal needs a drop in the price, Putin delivers.