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

To: d:oug who wrote (88770)	8/14/2002 10:36:14 PM
From: d:oug	Read Replies (2) \| Respond to of 116953

Resources broker Rick Rule sees more gold buying ahead. . Dear Friends of GATA and Gold: . He'll be a speaker at the New Orleans Investment Conference -- neworleansconference.com By Thom Calandra, Editor CBS.MarketWatch.com Wednesday, August 14, 2002 . Rick Rule makes much of the fact that... ... "It will be a (commodities) sell signal when our peers attempt to employ exploration geologists," says Rule, who puts himself firmly in the school of lifelong contrarian investor. ... Rule sees central banks, long sellers of bullion as they replaced their gold reserves with paper assets, giving gold its just deserts. "I am of the belief that if the dollar continues to soften and gold continues to strengthen... will go out and buy gold," ... Rule also says Barrick Gold (ABX), the world's second biggest gold producer, is perhaps the only major producer whose stock is attractive at current levels. Pure gold investors are wary... ... "Despite its hedges, Barrick Gold has the best organic growth of any of the majors... .... Rule also sees a water crisis ahead for the western... ... Rule will speak at the New Orleans 2002 Investment Conference neworleansconference.com November. -END- . CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. . groups.yahoo.com group gata message 1208