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Gold/Mining/Energy : MONETA PORCUPINE ME.t -- Ignore unavailable to you. Want to Upgrade?

To: D LEE who wrote (313)	10/24/1997 4:01:00 PM
From: D LEE	Read Replies (1) \| Respond to of 440

News on prospects that the Swiss finance ministry and Swiss National Bank will sell 1,400 tons of Swiss gold reserves. The yellow metal's price plunged $8.30 to $316.40 on the December gold contract, while the London afternoon fix was pegged at $316.65, the lowest since July 9's $315.75. as i stated yesterday, in the last two paragraphs of the above post(313), my thoughts are: "powers that be" are operating under the pressure to preserve economic stability. i'll back up and submit that these include "worldly powers" quite beyond the U.S. --though U.S. broadcasted news is what i end up hearing. in their broadcasts i can feel an effort to quell feelings of instability. i also feel some truth is lost that way, and at a cost; in this case, the price of gold. as "the powers" continue to work themselves into their own relative corners, i expect the outcome to remain relatively normal. though, pardoning the expression, i think of the side effect as a teenagers pimple. the longer gold must wait to attain center stage, the greater the "pop" as for moneta, i hold the banner high. moneta's history, as well as the manner in which she conducts her business assures me: she will remain a fine contender, acheive her goals, and come out on top. She's a pretty lady. on the lighter side: did you know, her porcupine mascots name is porkey? he can be viewed at their websight. dave