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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (36988)	8/4/2003 11:14:14 AM
From: BubbaFred	Read Replies (1) \| Respond to of 74559

"Newmont Predicts Gold Will Reach $450/Oz On Weaker US Dollar" biz.yahoo.com Next gold price anyone's guess at mine conference biz.yahoo.com "We expect the gold price to be around $350 an ounce for some time," Peter Tomsett, managing director of Placer Dome Asia Pacific, owned by world number five gold miner Placer Dome Inc (Toronto:PDG.TO - News) said. John Munro, vice president of international operations of the fourth largest producer, Gold Fields Ltd (GFMJ.J), would say only that gold "was on an upward channel." Eagle mining analyst Keith Goode thinks heavy rains in India would ensure healthy farm crops, giving Indians, big gold consumers anyway, more money to buy the metal as the traditional wedding season approaches, thus paring the world's coffers. "I think it could reach $400 (an ounce) by September," Goode said.

To: TobagoJack who wrote (36988)	8/4/2003 4:20:40 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 74559

<While in Chengdu, the last town (5 hours by car) I was at, we did visit a Corning fibre-optic cable plant.> Gidday Jay. When all that fibre Corning's Chengdu factory produces is strung around the place, it won't be a 5 hour drive by car, it'll be a millisecond pixelation by fibre, with a final mile by CDMA2000 to anywhere in Chongqin. I'm glad to see the phragmented photon revolution following you into darkest China, which will soon be brightly illuminated with CDMA2000 as the people emerge like beautiful butterflies from the Maoistic grub stage after a couple of decades of chrysalis. Like the silkworm, Corning is spinning some amazing threads. Bashing metal, burning oil, laying asphalt is 20th century muck. Follow the Corning fibre. Follow the shimmering CDMA2000 phragmented photonic silk road and iridescent cyberphones. The doomsters who think China can't become wealthy because Chinese maths means there isn't enough of 20th century resources to match the fat Yank SUV and pave China with highway, and not enough air to absorb the exhaust pollution from 1 billion Chinese [and another billion Indians], fail to understand the nature of wealth and the potential of science and technology. The essential resources are effectively unlimited. Better bet on the Chinese silkworm, not the Yank tank. Mqurice